February 22, 2023/FBNQuest Research The CBN’s most recent monthly report shows that the federal government of Nigeria’s (FGN) fiscal operations resulted in a smaller fiscal deficit of -NGN531bn in October ’22. The fiscal deficit in October is below the -NGN672bn in the preceding month and -NGN611bn the previous year. The […]
Updates
Enabling Financial Inclusion in Africa: Impact Investor Nordic Microfinance Initiative now Abler Nordic, Says New Fund on the Horizon
The company will commence fundraising for Fund V in 2023, with ambitions of raising at least USD 140 million and a significant allocation for further investments in Sub-Saharan Africa February 22, 2023/Abler Nordic Abler Nordic is the new name of Nordic Microfinance Initiative, a public-private partnership investing in companies in […]
DMO Clarifies Usage of N2.13 Trillion FGN Borrowing in Two Months
February 21, 2023/DMO The attention of the Debt Management Office (DMO) has been drawn to a report which stated that the Federal Government of Nigeria has raised the sum of 7.129 trillion between January and February 2023 through the issuance of Domestic FGN Securities. The Report further indicated that at […]
