Updates

PMI: Broad Based Slowdown Reflects the Impact of COVID-19 Restrictions

Culled—Proshare June 2, 2020 By CSL Research The Purchasing Managers Index (PMI) data released by the Central bank of Nigeria (CBN) for the month of May showed significantly weakened activity levels. Although, no data was provided for the month of April (the period of full lockdown in Lagos, the epicenter […]

AfriTech 2020: Sanofi Selects 11 Start-Ups For Online Finale On June 11

June 2, 2020/Mediacraft Following the cancellation of the 2020 edition of Viva Technology, Sanofi will maintain its four AfricaTech Challenges by organizing an online pitch day on June 11, 2020. The objective is to continue Sanofi’s commitment to encourage innovation in Africa, improve access to healthcare and transform the health […]

Crude Oil Production Cuts Will Spur Nigeria’s Negative Growth in Q2 2020 – PFI Capital

Culled—Proshare June 1, 2020 PFI Capital Limited   Latest GDP data from the NBS indicates that the Nigerian economy grew at a slower pace of 1.87% YoY in Q1 2020 compared to 2.1% growth in Q1 2019 and 2.55% growth recorded in Q4 2019. This reflects the earliest effects of […]