OPINION/EDITORIAL

Collaboration, Key to Driving Growth in Nigeria’s Financial Industry

August 9, 2022/Mediacraft To accelerate growth and deepen financial inclusion in Nigeria, it is imperative for players in the financial service industry including banks, telcos and fintechs to collaborate to provide innovative solutions and unique offerings to customers. Akeem Lawal, Managing Director, Interswitch Purepay made this known during the Nigerian […]

The Exigency of Reducing the Cost of Governance

August 9, 2022/CSL Research Over the weekend, there were news reports that the Nigerian Governors on the platform of Nigeria Governors’ Forum (NGF) have advised the Federal Government to consider laying off all civil servants who are 50 years and above and levy those with salaries above N30,000.00. According to […]

Another Decrease in FX Inflow in Q1 2022

August 8, 2022/Proshare By FBNQuest According to the CBN’s latest Quarterly Statistical Bulletin (QSB) total fx inflow into the Nigerian economy declined by -11% q/q to USD18.4bn in Q1 ’22, or -27% y/y on a y/y basis. Although fx outflow decreased by a similar magnitude (-11% q/q) to almost USD11bn, […]