June 6, 2024/Coronation Research Summary Opening market liquidity was reported at N80.7bn on Friday (31, May ‘24). Call, overnight, and repo rates closed within the range of 5% – 30%, as rates in the money market moderated. Last week, the average NTB yield declined by -30bps to close at 21.7% […]
Updates
Purchasing Managers’ Index (PMI) Goes Up Moderately in May 2024
June 5, 2024/CSL Research In May 2024, the Stanbic IBTC Bank Nigeria Purchasing Managers’ Index (PMI) saw a moderate increase, rising to 52.1 points from 51.1 points in April. This indicates a modest expansion in business conditions within the private sector. The May reading is the second highest of the […]
IOSCO Publishes Good Practices to Improve Trading Venues’ Resilience in Case of Market Outages
June 5, 2024/IOSCO IOSCO has today published its final report on Market Outages. The final report addresses the need for improved preparedness and management of market outages to ensure market resilience and investor confidence. It identifies key findings from recent market outages and sets forth five good practices to assist […]
