October 24, 2022/Fitch Ratings The Federal Reserve continues to act aggressively on interest rates, pushing the US dollar to historically high levels against several Fitch20 currencies. Given that other central banks are also tightening in response to rising inflation, government bond yields are rising to levels not seen in years, […]
OPINION/EDITORIAL
FGN Targets More Power Sector Assets, Others for Privatisation
October 24, 2022/CSL Research According to a Punch News report, the Nigerian government has commenced the compilation of the list of assets to be either sold or monetized via a concession to part finance the budgeted N10.78trn deficit for the 2023 fiscal year. According to the report, sources at the […]
Ambitious Target for Broadband Penetration
October 21, 2022/Coronation Economic Note The latest data released by the Nigerian Communications Commission (NCC), the industry regulator, show that internet subscriptions stood at 152.3 million in August ’22, representing an increase of 0.2% m/m and 8.6% y/y. On a m/m basis, there were c. 261,094 new subscribers, which is […]

