October 19, 2023/CSL Research The Federal Executive Council (FEC) has proposed a budget expenditure over N26.01tn for 2024 fiscal year from the total expenditure of N21.83tn for the 2023 fiscal year. The budget, which is 19.15% higher than the 2023 budget, is expected to focus on infrastructure development, human capital […]
OPINION/EDITORIAL
Something’s Got to Give
October 18, 2023/US Federal Reserve Governor Christopher J. Waller At the Distinguished Speaker Seminar, European Economics and Financial Center, London, United Kingdom Thank you, Professor Scobie. Thank you to the European Economics and Financial Centre for inviting me to speak and for the honor of referring to me as a […]
Gross Official Reserves Fell by USD717m MoM to USD33.2bn in September 2023
October 18, 2023/FBNQuest Research According to data from the CBN, the country’s gross official reserves fell significantly by USD717m m/m to USD33.2bn in Sep’ 23. This is a marked decline compared to the previous month, which saw a modest increase of USD2m to almost USD34bn. With the exception of Aug […]
