Culled—Proshare June 1, 2020 PFI Capital Limited Latest GDP data from the NBS indicates that the Nigerian economy grew at a slower pace of 1.87% YoY in Q1 2020 compared to 2.1% growth in Q1 2019 and 2.55% growth recorded in Q4 2019. This reflects the earliest effects of […]
Updates
PMI Reading No 86: A New Low for the Headline
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 […]
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 […]
