OPINION/EDITORIAL

CBN Reviews Interest Rates on Savings

August 18, 2022/United Capital Research In a recently released circular, the CBN reviewed the minimum interest rate payable to savings deposits to 4.2% (previously 0.15%)- 30.0% of the MPR. This decision followed after the CBN adopted an aggressive hawkish stance by hiking rates by 250bps in its last two meetings. […]

Saudi Arabia to Grow at Fastest Pace in a Decade

(Photo: Mlenny/iStock by Getty Images) August 17, 2022/IMF By Amine Mati and Sidra Rehman Saudi Arabia is likely to be one of the world’s fastest-growing economies this year as sweeping pro-business reforms and a sharp rise in oil prices and production power recovery from a­ pandemic-induced recession in 2020. Gross […]

A Peep into the Elections in Kenya: Any Hope for a Third Force in Nigeria?

August 17, 2022/CSL Research The supporters of Peter Obi’s presidential bid, popularly referred to as the ‘Obidients’ appear to have been re-energised with the emergence of William Samoei Arap Ruto as the Presidentelect in the just concluded presidential election in Kenya. To them, Peter Obi and William Ruto share similar […]