This 1,028-kilometre transnational coastal motorway will connect Côte d’Ivoire to Nigeria, while crossing through Ghana, Togo and Benin November 26, 2024/AfDB The Abidjan-Lagos corridor highway will link the cities of five major West African countries by 2030, and is set to become a powerful economic and industrial hub courtesy of […]
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Coronation Economic Flash Note
November 26, 2024/Coronation Research Summary Market liquidity closed negative at N321.5bn on Friday (22 Nov ‘24). Call, overnight, and repo rates closed within a range of 7.1% – 32.8%. In the secondary market, the average Treasury bill (T-bill) yield declined by 12bps to close at 24.0% p.a. At the primary […]
Policymakers Tightened with +25bps Hike
November 26, 2024/United Capital Research At the 298th Monetary Policy Meeting held on the 25th and 26th of November 2024, the Monetary Policy Committee (MPC, or the Committee) decided to raise the Monetary Policy Rate (MPR) by 25bps from 27.25% to 27.50%, a new all-time high. This decision represents the […]
