January 10, 2024/FBNQuest Research According to the recently published monthly economic report from the Central Bank of Nigeria (CBN), deposit money banks (DMBs) total credit extension to the economy increased by a modest 0.7% m/m to NGN38.6bn in Aug ’23. This growth compares unfavourably with a 2.1% m/m growth recorded […]

January 10, 2024/CSL Research Though Brent crude closed lower at US$77.04/bbl in 2023 from US$85.91/bbl at the end of 2022, the global benchmark crude oil has been rising slowly as the Middle East tension and the war between Ukraine and Russia rages on. Brent Crude has gained 1.79% ytd to […]

(CREDIT: REUTERS) January 9, 2024/IMF ANDREW BERG, Chris Papageorgiou, MARYAM VAZIRI Some workers will win, others will lose as the use of artificial intelligence grows Technological developments—such as factory robots, smart home devices, and self-driving cars—transform the way we live and work. Such developments are exciting in many ways, because […]