Updates

Coronation Fixed Income and Exchange Rate (CFEX) Update

August 2, 2022/Coronation Research Summary Opening market liquidity was reported at N73.4bn on Friday (29 July ‘22). Overnight and repo rates closed within a range of 14 – 16%. The average NTB yield increased by +48bps w/w to close at 7.7%. At the latest primary market NTB auction held last […]

Prepared Remarks Before the Small Business Capital Formation Advisory Committee

August 2, 2022/US SEC My thanks to Carla and all the committee members. As is customary, I’d like to note that my views are my own, and I am not speaking on behalf of the Commission or SEC staff. It’s good to be with you today. It also is good […]

IMF’s 2022 Global Growth Projections Revised Downwards by 0.4ppt to 3.2%

August 2, 2022/United Capital Research The International Monetary Fund (IMF) released its Jul-2022 World Economic Outlook Update highlighting the downward revision of global and regional growth forecasts in its baseline scenario. The IMF estimates that global growth would be 3.2% in 2022 and then moderate to 2.9% in 2023. This […]