Updates

Negative Sentiment Takes Precedence as NSE-ASI Dips -1.0% W/W Despite Ease of Lock-Down

June 5, 2020/Cordros Report Global Economy Following the gradual ease of lockdown instituted across China, manufacturing activities rebounded in May, after contracting in the prior month. Specifically, manufacturing PMI rose to the expansionary territory of 50.7 index points in May, from 49.4 points in April. This is not surprising as […]

Q2 2020 Economic Outlook: Two External Shocks to Rock the Boat

Culled—Proshare June 5, 2020 By FBNQuest Research The Cost of the Virus and the Oil Price Crash The recession this year will be smaller than in advanced and many peer economies because of the limits to Nigeria’s integration within the global economy. For the same reason its U-shaped recovery in […]

AfDB approves new five-year strategy for Nigeria amidst COVID-19 concerns

The approval was made on 27 May 2020 June 5, 2020/AfDB The Board of Directors of the African Development Bank (www.AfDB.org) has approved Nigeria’s Country Strategy Paper (CSP) 2020-2024, which builds on the successes and challenges of the 2013-2019 edition, and incorporates emerging developmental realities and opportunities shaping Nigeria’s political […]