Culled—Proshare June 1, 2020 by FBNQuest Research Our manufacturing Purchasing Managers’ Index (PMI), the first of its genre in Nigeria, slipped from 45.8 to 43.3 in May. Our partner, NOI Polls, has compiled the data. The index can be found in advanced economies such as the ISM’s in the […]
Updates
Anchoria Fixed Income Monitor: CBN Slashes MPR to 12.50% While It Retains Other Parameters
Culled—Proshare June 1, 2020 By Anchoria AM Research Money Market The average money market rate fell significantly last week by 12.72% to settle at 2.60% from 15.32% in the previous week. This is attributable to the inflow from FGN Bond coupon payments worth N5.63 billion and OMO maturities worth N319.72 […]
Manufacturing PMI Contracts in May 2020 to 42.4%
June 1, 2020/CBN Introduction The May 2020 PMI survey was conducted by the Statistics Department of the Central Bank of Nigeria during the period May 14-19, 2020. The respondents were purchasing and supply executives of manufacturing and non-manufacturing organizations in all 36 states in Nigeria and the Federal Capital Territory […]
