Updates

Testimony by Vice Chair for Supervision Barr on bank oversight

Vice Chair for Supervision Michael S. Barr Before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Washington, D.C. March 27, 2023/US Federal Reserve Chairman Brown, Ranking Member Scott, and other members of the Committee, thank you for the opportunity to testify today on the Federal Reserve’s supervisory and […]

NGX, experts educate over 3,000 Nigerians on money management, sustainable investing

March 27, 2023/NGX As part of activities commemorating Global Money Week, Nigerian Exchange Limited (NGX), in partnership with Social Media leading voices on finance and investment, organised a Twitter Spaces on money management and sustainable investing. The forum which was hosted via a Twitter Spaces session on Saturday, 25 March […]

Sustained Growth in PSCE; Increased by 20.1% YoY to N42.3trn in January 2023

March 27, 2023/FBNQuest The central bank of Nigeria’s (CBN) latest data on money and credit shows that domestic credit to the private sector increased by 20.1% y/y to NGN42.3trn in Jan ‘23. This compares with a growth rate of 19.7% y/y in the previous month. The data covers lending by […]