August 6, 2021/Proshare by FBNQuest Research Our manufacturing Purchasing Managers’ Index (PMI) remained in negative territory in July, easing from 48.8 in June to 48.0. It was the first of its kind in Nigeria, and we have now achieved a century of reports. Readings for two of the five sub-indices […]

August 5, 2021/US Federal Reserve Governor Christopher J. Waller At the American Enterprise Institute, Washington, D.C. (via webcast) The payment system is changing in profound ways as individuals demand faster payments, central banks including the Fed respond, and nonbank entities seek a greater role in facilitating payments. In all this […]

August 5, 2021/Proshare By FDC Ltd The CBN in a twist of events has discontinued its forex sale to BDCs with immediate effect. This announcement was made by the CBN Governor during the question and answer segment of the recently concluded monetary policy committee meeting on July 27.  Immediate Reaction […]