August 29, 2022/Cordros Report The recently released Q2-22 GDP report by the National Bureau of Statistics (NBS) showed that Nigeria maintained its positive growth trajectory for the seventh consecutive quarter after the COVID-19-induced decline in Q2-20 and Q3-20. Precisely, real GDP grew by 3.54% y/y in Q2-22 (Q1-22: +3.11% y/y), […]

Image Credit: OilPrice.com August 26, 2022/OilPrice.com Crude oil prices began to slip on Friday after Federal Reserve Chair Jerome Powell spoke for a mere 8 minutes, warning that there would be pain ahead. Friday, August 26th, 2022  Oil prices have remained in limbo this week, with ICE Brent trending around […]

August 26, 2022/CSL Research The latest data from the Nigeria Inter-Bank Settlement System (NIBSS) showed that the growth recorded across the various e-payment channels remained strong in the past sevenmonths of 2022 (January-July). Specifically, NIBSS Instant Payment (NIP) transactions recorded a solid 40.9% y/y and 46.5% y/y increase in transaction […]