OPINION/EDITORIAL

Veering from the Norm: H1 Review and H2 Outlook

July 14, 2023/InvestmentOne Report With the global fight against inflation paying off gradually, GDP growth remained resilient but fragile in the first half of the year, as the labour market remained tight. As such, this eased recessionary fears that lingered in the early parts of the year. Meanwhile, the Nigerian […]

CBN Introduces Naira Payout Option for IMT Operators

July 14, 2023/CSL Research The Central Bank of Nigeria (CBN) on Thursday issued a letter to all Deposit Money Banks (DMBs), International Money Transfer Operators (IMTOs), and the general public, announcing the inclusion of the Naira as a payout option for diaspora remittances. The announcement was made on the back […]

MPC Review: Walking New Paths

July 14, 2023/CSL Research The reforms of the Tinubu administration have changed our initial views on the macro economy. Based on recent FX changes, we have revised our year end forecast for the Naira to N785.77/US$ from N510/US$. In the short term, we believe that there will still be a […]