May 10, 2021/Coronation Research By Guy Czartoryski Tomorrow we publish our report on the Mutual Fund (Collective Investment Scheme) industry. The total assets under management (AUM) of Nigeria’s Mutual Funds grew by 50% last year to N1.6 trillion. Yet we have found that it is difficult, not to say impossible, […]
OPINION/EDITORIAL
Official Reserves Rose by US$60m to US$34.88bn in April 2021
May 10, 2021/Proshare We see from CBN data that official reserves rose by USD60m to USD34.88bn in April. The buffer increased steadily to USD35.26bn mid-month before an equally steady decline in the second half of April. To obtain a fuller picture, we should adjust this gross figure for the pipeline […]
Global Economy Roars as Restrictions Ease Up
May 7, 2021/Cowry Asset Report The global economy expanded strongly in April 2021 – the tenth consecutive expansion – as growth in output and new business orders was sustained. Notably, new business and new export orders indexes expanded to 56.3 points and 52.4 points respectively (from 54.4 points and 50.2 […]
