OPINION/EDITORIAL

Nigeria’s Total Public Debt Up 7+5% to N87.38Trn in Q2 2023-NBS

September 18, 2023/NBS Nigeria’s public debt stock which includes external and domestic debt stood at N87.38 trillion (US$113.42 billion) in Q2 2023 from N49.85 trillion (US$ 108.30 billion) in Q1 2023, indicating a growth rate of 75.27% on a quarter-on-quarter basis. Total external debt stood at N33.25 trillion (US$43.16 billion) […]

August 2023 Inflation Report – Food Inflation Inches to 29.34% y/y.

September 18, 2023/InvestmentOne Report Please click to download our August 2023 Inflation Update In the latest release of the Consumer Price Index (CPI) figures by the National Bureau of Statistics (NBS), inflation has exhibited a persistent upward trajectory, with the most recent data for August showcasing a particularly significant surge. […]

Financial Stability Needs Supervisors With the Ability and Will to Act

(Credit: egon69/iStock by Getty Images) By Tobias Adrian, Fabiana Melo, Marina Moretti, Jay Surti Keeping banks safe and sound, and anchoring financial stability, hinges as much on good supervision as on effective risk management and governance in banks, robust regulation, and vigilant markets. We saw it earlier this year, as turbulence in the banking […]