Updates

CBN’s Stress Test Reveals Nigerian Banks Vulnerability to Economic Headwinds

November 18, 2020/Proshare By FDC Research The CBN has revealed that based on the stress test conducted on twenty-seven (27) financial institutions, most banks are vulnerable to economic headwinds. However, the banking industry’s solvency and liquidity position remain robust. The apex bank in its economic report for the first half […]

The Sunny Disposition of Private Equity in Today’s COVID-19 World

November 18, 2020/Proshare FBNQuest Research We listened with great interest to four prominent private equity players in Africa in a discussion of prospects during and after COVID-19. The event took place in early November, and so was before the announcement by Pfizer and Moderna on their vaccines to tackle COVID-19. […]

Mastercard Study Reveals a More Conscious Shopper this Holiday Season

November 18, 2020/Mastercard 75% of holiday shoppers plan to be more mindful of where they are shopping, favoring small, minority-owned, women-owned and Black-owned businesses U.S. retail sales grew 4.1%* in October, with e-commerce growing 56.1%* year-over-year, according to Mastercard SpendingPulse 77% of Americans will choose to shop local this year, […]