Updates

FI Markets Kick-Off The Month On Bullish Note As The MPR Cut Continues To Drive Yields Down

Culled—-Proshare June 2, 2020 By Zedcrest Capital FGN Bonds The FGN bond market opened on a chaotic note, with bids/offer widely dispersed on most of the benchmark maturities. The bulls tried to shrug off unattractive levels, picking bonds offered at levels slightly better than screen. Market appetite was skewed to […]

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 […]