Culled—Proshare October 6, 2020 by FBNQuest Research The gross monthly payout by the Federation Account Allocation Committee (FAAC) to the three government tiers and eligible agencies was N682bn (US$1.77bn) in September (from August revenue). This was an increase of N6bn on the previous month. From the limited coverage in the […]
OPINION/EDITORIAL
Macro: Jump in COVID-19 Cases and Crude Supply Drag Prices Down
October 6, 2020/InvestmentOne Report Please click to view the September 2020 Macro & Markets Update · In the month of September, oil prices came under pressure as COVID-19 cases jumped in Europe, threatening oil demand further. In the same vein, continuous drag in negotiation for another relief package in the […]
Pulsating Past the Pandemic
October 5, 2020/Cowry Asset Report Following the recovery in global crude oil prices, Nigeria’s external reserves rose by 5% to an average of USD35.76 billion in September from an average of USD34.03 billion in April when the pandemic was rife. Against the backdrop of improved external buffers, the Naira/USD exchange […]
