The new West Africa office reflects this new identity and will optimize employee experience and create a sustainable business environment for all stakeholders March 20, 2023/SLB Global technology company, SLB (formerly known as Schlumberger) (www.SLB.com), officially opened its new West Africa regional office in Lagos, Nigeria. In October 2022, the […]
Money Market
Currency In Circulation Drops to N982.09bn in February 2023
March 20, 2023/CSL Research Based on the new Money Supply statistics from the CBN, the currency in circulation in the country has dipped by 235.03% to N982.09bn in February from N3.29tn in October 2022, largely on the back of the Naira redesign policy of the Central Bank of Nigeria. These […]
Moody’s Changes Outlook on U.S. Banking System to ‘Negative’ Following SVB Collapse
March 15, 2023/Moody’s Investors Service We have changed to negative from stable our outlook on the US banking system to reflect the rapid deterioration in the operating environment following deposit runs at Silicon Valley Bank (SVB), Silvergate Bank, and Signature Bank (SNY) and the failures of SVB and SNY. Although […]