Updates

Coronation Fixed Income and Exchange Rate Update

December 31, 2021/Coronation Research Summary Opening market liquidity was reported at N324.3bn on Friday (24 December ‘21). Overnight and repo rates closed within a range of 12.0-15.0%. Last week, the average NTB yield declined by -4bps w/w to close at 4.4%. This is due to slowdown in investment activities as […]

FG to Partner NGX on Climate Disclosure, Data

December 31, 2021/NGX Federal Government of Nigeria through the Minister of State for Environment, Chief Sharon Ikeazor, says it will continue to collaborate with Nigerian Exchange Limited (NGX) to build a framework that will help issuers navigate climate disclosure and ultimately improve the climate data available to the investment and […]

SEC Declare Activities of FinAfrica Investment Illegal

December 28, 2021/SEC Nigeria The attention of the Securities and Exchange Commission, Nigeria (“SEC”) has been drawn to the activities of an Illegal Operator (FINAFRICA INVESTMENT LIMITED). The Company claimed to be an Investment Company that engages in Business Development in Commercial sectors of the economy and uses the funds […]