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Funding Rates Spike to YTD High as CBN Drains System Liquidity into Negative

Culled—Proshare February 11, 2019/Zedcrest Capital ***CBN, judiciary collaborate to close N48tr MSMEs financing gap*** KEY INDICATORS Indicator Value Commentary Inflation 11.44% As at January 16, 2019. A c.16bps increase from 11.28% recorded in November 2018 MPR 14.00% Left Unchanged for the 15th Consecutive Time at the Jan. 22, 2019 MPC […]

Flour Mills Commercial Paper Offers 14.75% Yield; Offer Closes On Wednesday

Culled—Proshare February 11, 2019/Afrinvest Research  Last week, the Treasury Bills (“T-Bills”) market reversed its bullish performance following selloffs across all tenors driven by tight system liquidity (N100.0bn short as at Thursday). Consequently, average yield across all tenors appreciated 141bps W-o-W to close at 14.6% on Friday. Major selloffs were witnessed […]

Fruit Juice Helps to Lower Blood Pressure

February 4, 2019/TPT International A famous health and fitness consultant, Dr. Bisi Abiola has said that fruit juice could reduce the risk of high blood pressure (BP) if taken regularly. Abiola stated this during the January edition of the monthly healthy living dialogue, an event sponsored by Chi Limited. The […]