April 20, 2023/United Capital Data from the Q3/Q4-2022 Electricity Report released by the National Bureau of Statistics (NBS) revealed that the total electricity supplied by the eleven Distribution Companies (DisCos) in FY-2022 stood at 21,817.1GWh, 6.6% y/y down from 23,360.6GWh provided in the FY-2021. The decline can be attributed to […]
OPINION/EDITORIAL
World Economic Outlook Shows Economies Facing High Uncertainty
(Credit: Acton Crawford/Unsplash) April 19, 2023/IMFBlog By Mehdi Benatiya Andaloussi and Chiara Maggi Our latest World Economic Outlook forecasts that growth will slow from 3.4 percent last year to 2.8 percent this year. Growth is then expected to accelerate to 3 percent next year. Risks to the outlook are heavily skewed to the […]
e-Payment Transactions Declined by 5% MoM to N36.8 Trillion in February 2023
April 19, 2023/FBNQuest According to data from the Nigeria Inter-Bank Settlement System (NIBSS), the total value of transactions recorded under its NIBSS Instant Payments (NIP) platform declined by -5% m/m to c.NGN36.8trn in Feb ’23. On a year-year basis, the value of transactions processed through the NIP platform increased by […]
