Updates

Liquid C2 Becomes the First Provider in Africa to Support Hybrid Network Connections to Google Cloud

As a Google Cloud Interconnect provider, Liquid C2 can offer its customers direct access to Google Cloud services, enabling companies in Africa to take advantage of all the benefits of the Cloud June 6, 2024/Liquid Intelligent Technologies Liquid C2, a business of Liquid Intelligent Technologies, a leading pan-African technology group, […]

Coronation Fixed Income and Exchange Rate Update

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% […]

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 […]