Global Markets: United States The S&P Global US Composite Purchasing Managers’ Index (PMI) fell to 51.9 in February from 53.0 points in January, marking its lowest level in ten months and reflecting slower growth across both the manufacturing and services sectors, alongside softer new business activity. Similarly, the Manufacturing PMI […]
Updates
Nigerian Banking Sector Nears Full Compliance with New Capital Rules
March 9, 2026/CSL Update The Central Bank of Nigeria (CBN) has announced that 30 banks have already met the new minimum capital requirements under its ongoing banking sector recapitalisation programme, indicating strong early compliance ahead of the March deadline and marking an improvement from the previous update. Recall that at […]
Monthly Fixed Income Market Insight – February 2026
March 9, 2026/United Capital Report In February 2026, The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) decided to reduce the Monetary Policy Rate (MPR) by 50bps to 26.50% at the first meeting of the year, citing consistent disinflationary trend and improving macroeconomic conditions. Meanwhile, the asymmetric corridor […]
