January 19, 2024/FBNQuest Research Today, we turn our attention to the December ’23 edition of the Food Security update published by the World Bank. The monthly report provides a global overview of the agricultural commodities market, including current trends and market projections. According to the report, domestic food inflation remains […]

January 18, 2024/FBNQuest Research Nigeria’s total external debt service payments increased by 74% y/y to almost USD1.4bn in Q3 ’23, according to data from the Debt Management Office (DMO). In terms of the split, the external debt service consists of USD952m and USD438m in the market and non-market debt, respectively. […]

January 18, 2024/Coronation Research According to the latest data released by the Nigerian Communications Commission (NCC), internet subscriptions stood at 159 million in August ’23, reflecting a 4.4% y/y increase. Meanwhile, on a m/m basis, internet subscriptions declined marginally by -0.3%. Internet subscriptions remain resilient despite visible changes in consumption patterns. […]