OPINION/EDITORIAL

One-off Event in May Magnifies Decline in Activity Level in June

July 25, 2022/CSL Research The Nigerian equities market witnessed bearish sentiments in the month of June as the AllShare Index (ASI) lost 3.4%, the second monthly loss in H1 2022. This pushed the ytd gain to  21.3% in June from 25.6% in May. In same vein, the total value traded […]

Fiscal Policy 4M-22: What to Expect as Debt Service Exceeds Aggregate Revenue

July 25, 2022/Cordros Report The Ministry of Finance released the 4M-22 fiscal performance report during the recently concluded public presentation on the 2023-2025 Medium Term Expenditure Framework (MTEF). One of the key takeaways from the report is the FGN’s aggregate revenue inability to cover debt service obligations, with the debt […]

Stolen Credentials Selling on Dark Web for Price of 3 Litres of Fuel – New HP Wolf Security Report

…Exposes ironic “honour among thieves” as cybercriminals rely on dispute resolution services, ₦1,230,793 vendor bonds and escrow payments to ensure “fair” dealings July 22, 2022/HP Wolf Security HP Inc. (NYSE: HPQ) today released The Evolution of Cybercrime: Why the Dark Web is Supercharging the Threat Landscape and How to Fight […]