March 24, 2022/CSL Research Based on a new report published by the Economist Intelligence Unit (EIU), Nigeria’s fiscal deficit will widen to a 10-year high this year as high global fuel prices push up petrol subsidy bills while crude oil output remains low despite higher prices. The EIU raised its […]

March 23, 2022/Proshare by FBNQuest Research We see from the Debt Management Office’s (DMO) latest quarterly data release that the total domestic debt for the 36 states of Nigeria and the FCT amounted to NGN39.6trn as at December ’21, representing a rise of 4.1% q/q. Combined, the debt burden is […]

March 23, 2022/United Capital Research Yesterday, the Monetary Policy Committee (MPC) concluded its second meeting for 2022. The MPC held the Monetary Policy Rate (MPR) at 11.5%, Cash Reserve Ratio (CRR) at 27.5%, asymmetric corridor at +100/-700 basis point around the MPR, while Liquidity ratio was retained at 30.0%. Notably, […]