OPINION/EDITORIAL

Double-Digit Growth in Value of e-Payment Transactions; Grow by 50% YoY in August 2022

September 13, 2022/FBNQuest According to the most recent data from the Nigeria Inter-Bank Settlement System (NIBBS), the total value of electronic transactions recorded under the NIBSS Instant Payments (NIP) increased by c.13%m/m and 50% y/y to c.NGN33.2trn in August ‘22. On a cumulative basis, the value of transactions processed through […]

Possible Economic Outcomes Post Queen Elizabeth II

September 13, 2022/FBNQuest As the world mourns the loss of Queen Elizabeth II, it is believed that her passing could have implications traversing the economy and politics, especially at a time when the United Kingdom’s economy is battling an energy crunch and is on the brink of a recession. On […]

OPEC+ Cut Production Levels by 100,000bpd

September 13, 2022/United Capital Research Last week, the Organisation of Petroleum Exporting Countries (OPEC+) members met for the 32nd joint ministerial meeting amid sanctions on Russia and tempestuous global energy prices. Given the adverse impact of volatility and the decline in liquidity on the current oil market and the need […]