November 20, 2020/Cowry Asset Report Recently released Purchasing Managers’ Index (PMI) survey report by Central Bank of Nigeria (CBN) showed that manufacturing sector hit 50.2 index points while the non-manufacturing sector witnessed further recovery from contraction, nearing 50 index points (which indicates neutrality), as production level and business activities picked. […]

November 20, 2020/OilPrice.com Oil prices look set to rebound in 2021 as optimism grows around a COVID vaccine and OPEC looks set to extend its production cuts. Friday, November 20th, 2020 Oil prices pared recent gains as investors nervously watch the spread of Covid-19, which has tempered bullishness following positive […]

November 20, 2020/IMF Weekend Read ACTING TOGETHER AMID UNCERTAINTY As G20 leaders prepare for their virtual summit this weekend, IMF Managing Director Kristalina Georgieva urged governments to continue with strong policy action to combat the ongoing uncertainty caused by the crisis. “Success here depends on us acting swiftly—and acting together. […]