December 24, 2021/FirstBank of Nigeria Whenever the conversation is on financial inclusion in Nigeria, FirstBank leads the pack. With over 150,000 banking agents, a full digital banking centre and other innovative solutions, the nation’s premier bank is surely doing a great job connecting Nigerians with access to convenient banking products […]
Updates
Inflationary Pressures Still Stretching Wallets
December 23, 2021/Proshare by FBNQuest Research Today, we examine some of the drivers for the November inflation figures, following our initial take earlier in the month. We see from the National Bureau of Statistics (NBS)’s latest inflation report, that inflation slowed down for the eighth consecutive month in November to […]
IMF Approves Temporary Extension of Cumulative Access Limits in the Fund’s Emergency Financing Instruments
December 23, 2021/IMF On December 20, 2021 , the IMF’s Executive Board approved 18-month extensions (through end-June 2023) of the temporary increases to the cumulative access limits under its emergency financing instruments, i.e., the Rapid Financing Instrument (RFI) regular window, the Rapid Credit Facility (RCF) Exogenous Shock window, and the RFI’s and […]