September 4, 2023/CSL Research The ambitious Anchor Borrowers’ Loan Scheme floated by the Central Bank of Nigeria to make cash available for increased agricultural production in Nigeria has run into a halt due to the inability of beneficiaries to repay the loan upon maturity thereby holding up government funds and […]

September 1, 2023/FBNQuest According to the most recent Quarterly Statistical Bulletin (QSB) from the Central Bank of Nigeria (CBN), Nigeria’s current account recorded a surplus of USD2.5bn in Q1 ’23, slightly higher than a revised surplus of USD2.4bn in Q4 ’22. On standardised terms, the figure improved to 2.2% of […]

September 1, 2023/CSL Research The manufacturing sector’s real GDP growth was 2.20% in Q2 2023, a 26.8% decrease compared to the 3.0% recorded in Q2 2022, but an increase of 36.6% from the 1.61% recorded in the previous quarter. The sector’s contribution to the real GDP in the second quarter […]