January 18, 2024/FSDH Research Overall Macroeconomic Environment Macroeconomic Environment includes analyst’s views on GDP Growth, Inflation, Monetary Policy Rate, and Exchange Rate for 2024. GDP Growth GDP growth is expected to average 2.9% in 2024, an improvement from the estimated 2.5% in 2023. Key growth drivers will include improved oil […]

January 18, 2024/InvestmentOne Report Excerpt from the Executive Summary: “The Nigerian foreign exchange market faced significant pressure in 2023 due to liquidity constraints. The Naira is expected to remain volatile in the official window, while relative stability is anticipated in the parallel market as the CBN addresses outstanding FX backlogs. […]

January 17, 2024/FBNQuest Research According to the most recent data from the Central Bank of Nigeria (CBN), private sector credit extension (PSCE) increased significantly by 44% y/y to NGN59.7trn as at Nov ’23. PSCE also expanded by 43% over the eleven-month period to Nov ’23. The data covers lending by […]