February 1, 2024/FBNQuest Research According to the CBN’s most recent Quarterly Statistical Bulletin (QSB) for Q3 ’22, deposit money banks (DMB) aggregate credit extension to the economy increased by 4% q/q to NGN39.1trn. This growth rate was notably lower than the sector’s loan growth of 24% q/q in Q2 ’23. […]
OPINION/EDITORIAL
CBN’s Efforts at Stabilising a Weakening Currency
February 1, 2024/CSL Research In a circular released earlier this week, the CBN warned authorised dealers to stop the unethical practice of reporting inaccurate and misleading information on transactions concluded in the financial market or risk facing sanctions. According to the CBN, investigations carried out revealed that authorized dealers sometimes […]
Technology: 7 Scams to Watch Out for in 2024
As technology gets more advanced, fraudsters are also getting better at deceiving and stealing from us February 1, 2024/KnowBe4 Watch out! In 2024, scammers have some new tricks up their sleeve, such as deepfake impersonation. That is why fostering a zero-trust mindset can help to keep yourself safe from these […]
