April 3, 2020/IOSCO The Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) continue to monitor the impact of the rapid spread of the coronavirus disease (Covid-19) on the global financial system. In light of the significant challenges posed by Covid-19, including the displacement of […]

April 3, 2020/NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N647.35bn to the three tiers of government in February 2020 from the revenue generated in January 2020. The amount disbursed comprised of N524.59bn from the Statutory Account, N16.30bn from Non Oil Revenue, N659.08m from Excess Bank Charges […]

April 3, 2020/Cordros Report Global economy   Chinese manufacturing activities rebounded strongly in March, signaling resilience despite the headwinds from slumping external demand. Specifically, manufacturing activities retraced from a record low of 35.7 index points in February to 52.0 points in March. While the sizeable expansion was a positive surprise, […]