Updates

Digital Payment: Nigerian hospitality industry must increase payment options to maximise growth

Image Credit: DPO Group The World Travel & Tourism Council’s Economic Impact Report (EIR) shows that Nigeria’s travel and tourism sector’s contribution to GDP is forecasted to grow at an average rate of 5.4% between 2022-2032 December 14, 2022/DPO Group After many months of low or no growth, the Nigerian […]

CBN Unveils Financial Stability Report H1 June 2022

December 13, 2022/CBN Executive Summary  The Russia-Ukraine crisis and the resurgence of Covid-19 in China disrupted the global supply chains, heightened commodity prices, and fuelled inflationary pressures. Furthermore, rising inflation prompted the adoption of tight monetary policy stance by most central banks which led to tightening financial conditions with attendant […]

Coronation Fixed Income and Exchange Rate (CFEX) Update

December 13, 2022/Coronation Research Summary Opening market liquidity was reported at N187.7bn on Friday (09 December ‘22). Call, overnight and repo rates closed within a range of 5% – 15%, as system liquidity tightened on the back of an NTB and fx auction. This week, we expect rates in the […]