Culled—Proshare June 8, 2020 State Owned Enterprises Department of The Nigerian Stock Exchange (NSE) Beyond the widespread health and human impact of COVID-19, the pandemic has had staggering economic implications across governments, corporates and individuals. Faced with this reality and coupled with a slump in crude oil prices, many countries […]
Updates
Implications of Nigeria’s Consumption Expenditure Pattern
Culled—Proshare June 8, 2020 PFI Capital Limited The latest consumption expenditure data from the NBS shows that Nigerians spent N40.21 trillion on food and non-food items in 2019, of which expenditure on food consumption outside of home was highest (11.43% of total consumption expenditure) followed by expenses on transport […]
Nigeria’s Gross Official Reserves Recovered By US$3.07bn in May 2020 to US$36.60bn
Culled—-Proshare June 8, 2020 by FBNQuest Research Nigeria’s gross official reserves recovered by US$3.07bn in May to US$36.60bn. This first monthly increase since May 2019 can be traced to the disbursement by the IMF of the US$3.4bn soft loan it granted Nigeria within its Rapid Financing Instrument (RFI). It […]
