October 30, 2023/FBNQuest Research The most recent data from the Central Bank of Nigeria (CBN) shows that private sector credit extension (PSCE) increased by 45% y/y to NGN58.6trn in Sep ’23. The growth marks the fastest pace of PSCE growth this year.  On a year-to-date basis (ytd), PSCE expanded by […]

International security awareness organisation, KnowBe4, explains that BEC is a type of scam in which cybercriminals gain access to – or convincingly replicate – the email address of a senior staff member October 30, 2023/KnowBe4 As organisations around the world spend even more on cybersecurity tools, cybercriminals are increasingly using […]

October 27, 2023/Coronation Research In the recently approved 2024-2026 Medium-Term Expenditure Framework (MTEF) and Fiscal strategy paper, the FGN’s aggregate expenditure for 2024 is estimated at N26.01trn. This is 14.8% higher than the approved 2023 budget. Unlike previous budget estimates, the proposed capital expenditure estimate is lower by -5.4% at […]