October 11, 2023/Fitch Ratings China’s decarbonisation drive will require large investments that Fitch Ratings believes corporate-style bank loans and public funds will not be able to meet, which will spur development of other financing methods to close the funding gap. Non-recourse project finance is a tool that is typically […]
OPINION/EDITORIAL
Sustained Demand Pressure Continues to Weaken the Currency Despite CBN Intervention
October 11, 2023/CSL Research Based on the half year financial markets report of the Central Bank of Nigeria, the apex bank has maintained its intervention in the foreign exchange market in an attempt to alleviate demand pressures and ensure exchange rate stability. A total of US$6,439.33 million (US$9,229.26 million in […]
Capital Importation into Nigeria Down 32.90% YoY in Q2 2023
October 9, 2023/CSL Research According to the Nigerian Bureau of Statistics (NBS), Nigeria’s total capital importation into Nigeria in Q2 2023 was US$1.03bn, lower than US$1.5bn recorded in Q2 2022, indicating a decrease of 32.9%y/y. Quarter on quarter, capital importation declined by 9.04% from US$1.13bn in Q1 2023. Capital importation […]
