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 […]

January 17, 2024/CSL Research FX regime changes and the elimination of the longstanding subsidy on Petroleum Motor Spirit (PMS) were the catalysts that initiated a series of events propelling the Nigerian equities market to an impressive 45.90% gain by the year’s close. This marked the fourth consecutive year of positive […]