Culled—Proshare May 29, 2020 Press Statement by Concerned African Leaders Africa is facing an unprecedented challenge with the COVID-19 and all hands must be on deck to tackle the pandemic. The African Development Bank (AfDB), under the leadership of its President, Dr. Adesina Akinwumi, has been doing a remarkable job […]
Updates
Federal Reserve Board releases results of survey of senior financial officers at banks about their strategies and practices for managing reserve balances
May 29, 2020/US Federal Reserve The Federal Reserve Board on Friday released results of a survey of senior financial officers at banks about their strategies and practices for managing reserve balances. The Senior Financial Officer Survey is used by the Board to obtain information about deposit pricing and behavior, bank […]
Nigeria Q1 2020 GDP: Sliding into recession
May 29, 2020/Coronation Report On Monday we learned about Q1 2020 GDP, up by1.87% year-on-year (Q4 2019: +2.27% y/y) with Non-oil growth at just 1.55% y/y. The Non-oil growth drivers were Agriculture and Telecoms, but both showing slightly weaker growth than before. Going forward, we expect the large Trade sector […]
