OPINION/EDITORIAL

Fragile Macro Conditions to Hinder Loan Creation

Culled—Proshare July 2, 2020 by CSL Research Fitch ratings agency in a recent report on the Nigerian banking sector expressed that the present economic downturn will weigh heavily on the ability of Nigerian banks to grow their loan books. The agency projected that loan growth will decline from 14% year-on-year […]

Equity: the key to unlocking a sustainable economic recovery

July 2, 2020/EBRD By Axel  Reiserer The Covid-19 pandemic has had tremendous effects on our societies. The loss of lives and the health crisis in general has been devastating. Secondary to this, as societies closed down to limit the spread of the disease, economic activity ground to a halt. As […]

PMI Reading No 87: Back in Positive Territory

Culled—Proshare July 1, 2020 by FBNQuest Research Our manufacturing Purchasing Managers’ Index (PMI), the first of its genre in Nigeria, surged from 43.3 to 53.9 in June. Our partner, NOI Polls, has compiled the data. The index can be found in advanced economies such as the ISM’s in the US, […]