January 20, 2023/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is expected to hold its first meeting of 2023 on the 23rd and 24th of January. At this meeting, we believe the Committee remains faced with either maintaining its hiking cycle or keeping policy […]
OPINION/EDITORIAL
How to Build the Bank of the Future
Image Credit: Mastercard January 19, 2023/Mastercard By Vicki Hyman People used to pick their bank based on its network of branches. But these days, bytes are taking precedence over bricks. “A physical presence remains important to the communities we serve, and, of course, to us, but increasingly, customers are asking […]
Robust Growth in Active Mobile Subscribers; Grows by 2.0% MoM in November 2022
January 19, 2023/FBNQuest Research Our chart below, drawn from the Nigerian Communications Commission (NCC) data, shows that active mobile lines and internet connection grew modestly by 2.0% m/m and 0.1% m/m to 219.0 million and 152.9 million respectively as at end-November 2022. This represents a teledensity of c.110% and an […]
