OPINION/EDITORIAL

Another Consolidation Phase Imminent?

November 27, 2023/CSL Research The Central Bank Governor, Yemi Cardoso speaking at the 58th annual dinner of the Chartered Institute of Bankers of Nigeria in Lagos announced plans to direct banks to increase their capital base. This, he said, is to ensure banks have adequate capital to service a projected […]

Accounting and Financial Professionals Must Lead Africa’s Transition to Sustainable Development

Several African governments have issued policies toward meeting their sustainability commitments underpinned by environmental, social and governance (ESG) considerations November 27, 2023/ Association of Chartered Certified Accountants Accountants must be fit to lead Africa’s inclusive sustainable growth and economic recovery ensuring the continent’s place in the global arena, says ACCA, […]

Nigeria Q3-23: GDP Grew Marginally; Positive Outlook Expected in Q4-23

November 27, 2023/Cordros Report The Nigerian economy sustained its positive growth path for the third consecutive quarter in Q3-23. According to the recently released GDP report by the National Bureau of Statistics (NBS), the domestic economy grew by 2.54% y/y (Q2-23: +2.51% y/y). We highlight that the growth in the […]