analyst

BANKING LIQUIDITY SURGES TO OVER N1 TRILLION AMID MARKET OPTIMISM Liquidity in Nigeria’s banking sector has seen a sharp increase, rising by 62.4% to reach N1.2 trillion, according to a report by Afrinvest. This surge is attributed to significant inflows from the Central Bank of Nigeria’s...

INFLATION, HIGH INTEREST DANGEROUS TO ECONOMIC GROWTH – ANALYSTS Main Points: 1. Economic Concerns: Analysts have warned that persistent inflation, high interest rates, and unemployment are undermining the benefits of Nigeria's GDP growth, which increased to 3.19% in Q2 2024 from 2.51% in Q2...

ANALYSTS PROJECTS CAPITAL MARKET REBOUND The news article discusses the outlook for Nigeria's capital market, with financial analysts projecting a rebound in both foreign and domestic investments. The anticipated growth is linked to recent government policy reforms that have improved investor...

ANALYSTS RAISE CONCERNS ABOUT THE N3.79 TRILLION HELD OUTSIDE NIGERIA'S BANKING SYSTEM 1. Surge in Unbanked Currency: - Current Data: The amount of currency outside Nigeria's banking system increased to N3.79 trillion in June 2024, up from N3.61 trillion in April. 2. Impact on CBN Policies...

ANALYSTS PROJECT SLOWDOWN IN NIGERIA'S INFLATION RATE 1. Inflation Rate Projection: - Current Status: Inflation in Nigeria is projected to slow down in July 2024 compared to June, when it stood at 34.19%. - Upcoming Data: The National Bureau of Statistics (NBS) is expected to release the...