December 28, 2023/CSL Research Recently, the Central Bank of Nigeria (CBN) softened its restriction on cryptocurrency transactions, two years after the former Governor of CBN, Godwin Emefiele, directed banks in the country to stop transacting in and with entities dealing in cryptocurrencies. Banks and other financial institutions can now domicile […]

December 28, 2023/FBNQuest Research Our chart today shows that the FGN’s total domestic debt stock increased by 4% q/q to NGN50.2trn as at the end of Q3 ’23, according to the most recent data from the Debt Management Office (DMO). The FGN’s share of domestic debt represents 90% of the […]

December 27, 2023/FBNQuest Research Today, we take a closer look at the National Bureau of Statistics (NBS) Q3 ’23 foreign trade report to examine Nigeria’s external trade patterns in agriculture. As highlighted in our initial publication (Good Morning Nigeria 06 December 2023), Nigeria’s merchandise trade was up by 55% q/q […]