African economies are projected to recover this year January 22, 2021/AfDB By Akinwumi Adesina, President of African Development Bank Your Excellency, President Muhammadu Buhari, GCFR, President of the Federal Republic of Nigeria Your Excellencies, Governors, Excellencies, Ambassadors Honorable Ministers Chairman of the Federal Inland Revenue Service, Muhammad Nami Distinguished Ladies and Gentlemen […]
Updates
Asset Under Management Increased by 23% YoY to N12.29trn in November 2020
January 21. 2021/Proshare By FBNQuest Research Data from the regulator tell us that assets under management (AUM) of the pension industry increased by 23.0% y/y to NGN12.29trn (USD31.3bn) in November, and by 2.0% m/m. The asset mix remains heavily concentrated in FGN securities, which accounted for 66.2% of the total. […]
Daily Market Update for January 21, 2021-Cordros
January 21, 2021/Cordros Report EQUITIES Trading in local bourse turned bearish, following profit taking in DANGCEM (-0.2%), MANSARD (-9.8%) and UBA (-1.7%) stocks. As a result, the NSE ASI declined 0.1% to 41,099.15 points. Accordingly, Month-to-Date and Year-to-Date returns moderated to +2.1%. The total volume of trades increased by 72.6% […]
