News
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FG disagrees as court stops Nigeria Air deal
The Federal High Court, Lagos Judicial Division, on Tuesday, issued an order of interim injunction restraining the Federal Government from…
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Currency in Circulation Increased MoM by 0.56% toN3.23trn in September 2022
The Central Bank of Nigeria (CBN) in a recent press release noted that there has been positive response from the…
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The Importance of Total Equity Returns – Coronation Research
This is not a good time for the equity market, with the NGX All-Share Index up just 2.93% year-to-date. Yet…
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Fuel subsidy to end in 2023 – Finance minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed, says the Federal Government will do away with petroleum subsidy…
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Headline Inflation Increases by 21.09% YoY in October 2022 as Food Inflation Rises by 23.72%
In October 2022, on a year–on–year basis, the headline inflation rate was 21.09%. This was 5.09% points higher compared to…
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Increase in Rice Prices to Drive Food Inflation?
Based on a BusinessDay report, the price of a 50kg bag of locally parboiled rice in Nigeria grew by 53.6%…
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NDIC Set to Pay Depositors of 20 Liquidated Banks
The Managing Director, of Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has said the corporation has concluded plans to pay…
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Sharp Decline in Rail Transport Revenue in Q2 2022
The latest report from the National Bureau of Statistics (NBS) on rail transportation shows that the total revenue generated through…
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CEO Remuneration in an Inflationary Era
“Amid decades-high inflation, workers’ wages are failing to keep pace with the rise in everyday expenses, but CEOs have not…
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Understanding the CBN’s Decision to Redesign Banknotes: The Hard bite of Unintended Consequences
Reactions have continued to trail the recent decision of the Central Bank of Nigeria (CBN) to redesign the N100, N200,…
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