Updates

Uptick in Capital Imports in Q3 ‘21

January 28, 2022/Coronation Research Coronation Economic Note The National Bureau of Statistics (NBS) has released its latest report on capital importation for Q3 ’21. The data was obtained from the CBN and compiled using information on banking transactions from all registered financial institutions in Nigeria. The total value of capital […]

Federal Reserve announces members of its Community Depository Institutions Advisory Council for 2022

January 28, 2022/US Federal Reserve The Federal Reserve Board on Friday announced the members of its Community Depository Institutions Advisory Council, or CDIAC, and the president and vice president of the council for 2022. CDIAC advises the Board on the economy, lending conditions, and other issues of interest to community […]

An Uptick in FAAC Distribution in January 2022

January 27, 2022/Proshare by FBNQuest Research  Our chart today shows that the gross monthly distribution by the Federation Account Allocation Committee (FAAC) distributed to the three tiers of government amounted to NGN700bn (c.USD1.69bn) in January (from December revenue). This represents a 3.5% (NGN24bn) increase over the previous month’s payout. The […]