Updates

MPC Decision – September 2022

September 27, 2022/Coronation Economic Flash Note Twelve (12) members of the committee were in attendance. Decision The twelve members unanimously voted to raise the MPR. •  Ten out of twelve members voted to raise MPR by 150bps to 15.5% •  Retain the asymmetric corridor of the MPR at +100 / -700 basis […]

FSDH Market Wrap- September 27, 2022

September 27, 2022/FSDH Report The Nigerian equity market closed on a negative note today as All Share Index marginally decreased by 0.06 percent to close at 49,161.45. The market cap of equities listed on the NGX decreased to ₦26.517 trillion from ₦26.532 trillion as on the previous close. The total […]

Coronation Fixed Income and Exchange Rate (CFEX) Update

September 27, 2022/Coronation Research Summary Opening market liquidity was reported at N51.1bn on Friday (23 September ‘22). Overnight and repo rates closed within a range of 6% – 16%. This week, we expect rates in the money market to moderate slightly (on the back of expected inflow from FAAC and […]