February 15, 2022/United Capital Research In the past few weeks, Nigeria’s external reserves have continued to slide from a four-month peak of $41.8bn to $39.9bn in Jan-2022. In our daily insight titled “Nigeria’s Falling External Reserves”, we clearly elucidated the pressures confronting the CBN including rising import bills, weak oil […]
OPINION/EDITORIAL
Targeted Credit Facility; another piece of national cake?
February 15, 2022/CSL Research Recent reports reveal that the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL) Microfinance Bank is struggling to recoup part of the Covid-19 loans given to households and businesses under the CBN’s Targeted Credit Facility (TCF). Specifically, the lender, through its official social media handles, […]
Economic Review and 2022 Outlook – Blend of Optimism and Uncertainty
Image Credit: Coronation Research February 14, 2022/Coronation Research Nigeria’s economy has posted GDP expansion for four quarters since its last recession recorded in 2020. However, the current growth rate levels are unable to halt the steady decline in incomes and the rise in poverty. Our in-house estimates assume GDP at current market […]
