July 11, 2024/CSL Research Recently, the President of the Federal Republic of Nigeria, Ahmed Tinubu, announced the creation of the Ministry of Livestock Development. This decision comes in response to the frequent violent clashes between farmers and herders in food-producing states, which have resulted in significant loss of property and […]

July 11, 2024/Coronation Summary Opening market liquidity was reported at -N1.4trn on Friday (05, Jul ‘24). Call, overnight, and repo rates closed within the range of 7% – 32%, as rates in the money market tightened. Last week, the average NTB yield increased by +69bps to close at 22.8% w/w. […]

July 10, 2024/FBNQuest Research The World Bank’s June global economic prospects report emphasises the need for governments to strengthen the resilience of their agriculture sector and ensure food security. The report advises against export restrictions, strengthening agricultural food systems, and providing targeted social protection and cash transfers to vulnerable households […]