February 14, 2019/Mediacraft The annual Mastercard Love Index indicates that spenders in Africa and the Middle East are willing to dig deeper into their pockets to make their partners happy and that they are going online to do it: there has been a 107% increase in the number of e-commerce […]
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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 […]
