October 30, 2024/Coronation Research Summary Market liquidity closed at negative N837.3bn on Friday (25 Oct ‘24). Call, overnight, and repo rates closed within the range of 6.63%—30.14% as rates moderated. Last week, the average NTB yield increased by +2bps to close at 24.2%. During the week, the CBN conducted a […]
Updates
African countries push for $25 billion replenishment of the AFD as Sudan tops up its pledge
The current $8.9 billion three-year financing cycle or the 16th replenishment, which ends in 2025, was the largest ever in the history of the African Development Fund October 29, 2024/AfDB Sudan has increased its pledged contribution to the replenishment of the African Development Fund to $3 million, its Minister for Finance […]
2024 State of States Report: Rivers Tops Fiscal Performance Ranking; Ebonyi, Kaduna Exit
As Cross River, Kwara Joins Lagos, Anambra in Top 5; Jigawa Replaces Zamfara at the Bottom October 29, 2024/BudgIT BudgIT, a prime civic-tech organisation leading the advocacy for fiscal transparency and accountability in Nigeria, has launched the 2024 edition of its annual State of States Report, themed ‘Moving Healthcare Delivery […]
