May 12, 2025/Coronation Report Summary Last week, system liquidity still closed in the positive at N685bn (9th May ’25) from N1.25tn in the previous week, decreasing by 45.13% w/w. The Open Repo Rate (OPR) remained flat at 26.50% for the second consecutive week, while Overnight Rates (O/N) edged higher by […]
Updates
Nigeria Unlocks Intra-African Trade with New Pan-African Payment & Settlement System Policy Boost
The announcement also empowers commercial banks to source foreign exchange for PAPSS through Nigeria’s Foreign Exchange market May 9, 2025/Afreximbank The Pan-African Payment & Settlement System (PAPSS) warmly welcomes the new circular from the Central Bank of Nigeria (CBN), announcing a significant streamlining of documentation requirements for PAPSS transactions in […]
United Capital Weekly Pan African Monitor Friday 09-May-2025
May 9, 2025/United Capital Research Anglophone West Africa (WAEMU) Nigeria Strong customer demand lifts Nigeria’s business activity as PMI holds at 54.2 Nigeria’s private sector sustained its growth momentum into the second quarter of 2025, as strong customer demand underpinned another solid expansion in business activity, according to the latest […]
