March 15, 2023/CSL Research Based on new data from the Nigeria Inter-Bank Settlement System (NIBBS), online transactions grew 41.29% as cashless gateways were used 901.46 million times in February compared with 638 million times in January. Despite an increase in usage, the total value of cashless transactions fell in February, […]
OPINION/EDITORIAL
Failed e-Payments and Lack of Cash weigh on Economic Activities
March 15, 2023/United Capital Research Most recent data from the Nigeria Inter-Bank Settlement System (NIBSS) revealed that the total value of cashless transactions in the Nigerian economy declined by 4.8% in February 2023 to print at N37.7tn relative to N39.6tn recorded in January 2023. The key driver of the observed […]
SVB Fallout Spreads Through Energy Markets
March 14, 2023/OilPrice.com Michael Kern Editor, Oilprice.com Chart of the Week – The 50-day implied volatility rate of oil jumped some 16% amidst the ongoing chaos surrounding the collapse of SVB and Signature Bank, the most since the beginning of the Russia-Ukraine war. – With U.S. headline CPI coming in […]
