Culled—Proshare June 19, 2020 United Capital Research Monetary Policy in Africa: Shooting for growth In the wake of the COVID-19 pandemic, global monetary policy authorities have launched several expansionary programs, to cushion the virus’ negative economic effect on growth. African economies were no different, as the pandemic posed a threat […]
Updates
Credit to Private Sector Hits N28.67 trillion in April; Inflation Rate Up 12.40% in May
June 19, 2020/Cowry Asset In the just concluded week, the Central Bank of Nigeria (CBN) depository corporations survey showed a 0.19% month-on-month (m-o-m) rise in Broad Money Supply (M3 money) to N35.70 trillion in April 2020. This resulted from a 1.87% increase in Net Domestic Assets (NDA) to N29.78 trillion […]
SEC Extends Relief for Virtual Meetings of Fund Boards
SEC continues to closely monitor the impact of COVID-19 on investors, funds, and investment advisers June 19, 2020/US SEC On Friday, the Securities and Exchange Commission announced that it is extending conditional relief from the in-person voting requirements for fund boards that it originally provided in March 2020. That relief […]
