Culled—Proshare April 2020 By FBNQuest Research The first duty of our rulers is to protect our security. So they declare war, mobilize armies and negotiate peace on our behalf. Now, however, they face an enemy they cannot see and do not understand. Being human, they make mistakes. In most cases […]
OPINION/EDITORIAL
COVID-19 Induced Lockdown Triggers Sustained Decline in Commodities Market Activities
Culled—Proshare April 27, 2020 Kainosedge Consulting for AFEX Commodities Exchange The AFEX Commodities Index composite closed at 163.65 points in the week under review. The index performance remained stable across all commodities covered by the index. Ginger price increased by a slight 0.1% due to less supply and high demand […]
A Surprising Boost to the FAAC Payout; April Payment Amount to N781bn
Culled—Proshare April 27, 2020 by FBNQuest Research The gross monthly payout by the Federation Account Allocation Committee (FAAC) to the three tiers of government amounted to N781bn (US$2.04bn) in April (from March revenue). This was an increase of N199bn on the previous month’s payment, which had been delayed due […]

