May 24, 2021/TPT International Nollywood celebrity, Chioma Akpotha, gives the first-class rating to the latest product launch by Nigeria’s leading brand of mattresses, Mouka. When expressing her first impressions about the mattress, the superstar said she thought Royal Pillow Top Luxury Mattress was imported because of its super-premium look and […]
Updates
Inflation Rate Surprisingly Slows to 18.12% in April Ahead of MPC Meeting
May 21, 2021/Cowry Asset Report Freshly released data from the National Bureau of Statistics (NBS) showed that headline inflation slowed down for the first time in 20 months. It recorded a 18.12% decline in annual inflation rate for the month of April (lower than 18.17% in March). This southward movement […]
Another Month, Another Good Auction for the DMO
May 21, 2021/Proshare by FBNQuest Research The DMO held its monthly auction of FGN bonds on Wednesday. It offered its regular NGN150bn, raised NGN175bn (USD430m) and secured a total bid of NGN282bn. The marginal rates on the ten and 15-year benchmarks rose by 85bps and 66bps from the previous month […]
