OPINION/EDITORIAL

Insecurity Continues to Spread across the Country

November 2, 2022/CSL Research Based on a Thisday news report, former Deputy Vice Chancellor, University of Ibadan, Prof. Adigun Agbaje was kidnapped along the Lagos-Ibadan highway alongside two students of the Moshood Abiola Polytechnic, Abeokuta, Ogun State on Friday evening. Findings said a policeman was killed in the shootout that […]

Currency Redesign: Masterstroke but Not Enough (2)

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 […]

Nigerian Banks’ Capital Resilient to Naira Depreciation

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 […]