July 14, 2022/Coronation Research Summary Opening market liquidity was reported at N222.9bn on Friday (08 July ‘22). Overnight and repo rates closed within a range of 13 – 14%. The average NTB yield increased by +142bps w/w to close at 6.8%. Meanwhile, the average yield for OMO bills increased by […]
Money Market
Mastercard SpendingPulse: Canada retail sales in June show continued leisure spending
July 14, 2022/Mastercard According to Mastercard SpendingPulseTM, which measures in-store and online retail sales across all forms of payment. Canadian consumer retail spending excluding automotive increased +5.7% year-over-year (YOY)* in June, indicating consistent growth compared to May. In-store spending was up +9.0% YOY in June. As consumers returned to in-person […]
Access Bank Plans International Expansion Through London
July 12, 2022/The African Report By Aurélie M’Bida, Kanika Saigal The Africa Report is reporting that Nigeria’s Access Bank Group, led by Herbert Wigwe, is accelerating its international growth programme with plans to establish a subsidiary in France before the end of the year, according to a report from Africa […]
