20/5/2019/Coronation Report Q1 2019 GDP was reported today at +2.01% y/y versus the Bloomberg consensus estimate of +2.54% y/y. This was lower than the +2.38% y/y growth reported for Q4 2018. Q1 2019 non-oil growth was +2.47% y/y compared with +2.70% y/y for Q4 2018. The growth rate has slowed […]
Uncategorized
Debut 30-Year FGN Bond Oversubscribed At April Auction
Culled—Proshare May 2, 2019/DMO Investors keenly contested for the N20 billion 30-year FGN Bond offered by the Debt Management Office (DMO) at the April 2019 FGN Bond Auction. For the first time the DMO introduced the 30-year FGN Bond into the market at the April 2019 FGN Bond Auction which held […]
SEC to Align Master Plan with current Economic Realities
April 28, 2019/SEC The Securities and Exchange Commission, SEC, has disclosed plans to align the 10 Year Capital Market Master plan with current economic realities as well as ensure the planned review is concluded in record time. Acting Director General of the SEC, Ms. Mary Uduk stated this during a […]
