November 2, 2022/United Capital Research Following from the first part of our series on the Central Bank of Nigeria’s (CBN) decision to redesign the N200, N500 and N1,000 notes, we would be evaluating the demerits of the decision as well as recommendations that could improve effectiveness of the policy. The […]

November 1, 2022/Fitch Ratings Nigerian banks’ capitalisation would be fairly resilient to further naira depreciation given their long net foreign-currency (FC) positions and small FC-denominated risk-weighted assets (RWAs), Fitch Ratings says. The capital impact from higher credit costs would be offset by higher pre-impairment operating profits, underpinned by FX revaluation […]

November 1, 2022/OilPrice.com Tom Kool Editor, Oilprice.com Chart of the Week    – As US oil majors such as ExxonMobil (NYSE:XOM) and Chevron (NYSE:CVX) see their stock prices hit all-time highs, soaring 75% and 52% in 2022 to date, the Biden administration might be increasingly tempted to squeeze them for funds.  – The […]