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 […]

April 26, 2020/Cowry Asset In the just concluded week, the Central Bank of Nigeria (CBN) depository corporations survey showed a 0.45% month-on-month (m-o-m) decline in Broad Money Supply (M3 money) to N33.98 trillion in February 2020.. Click here to read full PDF copy of report

April 24, 2020/OilPrice.com While oil prices have rebounded from the record lows they hit last week, the rebound is likely to only be temporary as more bearish news piles up. Friday, April 24th, 2020 Oil prices stabilized by Friday after arguably the wildest week in the history of the oil […]