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Index Rises from 49.7 Points in July 2024 to 50.2 Points in August 2024-CBN PMI Report

September 5, 2024/CBN 1.0 Introduction The August 2024 Purchasing Managers’ Index (PMI) survey was conducted from August 12-16, 2024, to gauge the direction of economic activities in Nigeria for the month. The survey respondents were the company’s Purchasing and Supply Executives, drawn from the three sectors of the economy, namely: […]

Coscharis to Sell Vertiv IT Channel Portfolio in Nigeria and Ghana Under New Distribution Agreement

New Distribution Partnership Between Vertiv and Coscharis Technologies Boosts Local IT Channel Market September 5, 2024/Vertiv Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, has announced the appointment of Coscharis Technologies as a distribution partner in Nigeria and Ghana, with the aim of further providing customers […]

Fed Rate Cuts May Help Revive Bond Flows to Emerging, Developing Economies

(Credit: IMF Photo/Filmontary) September 5, 2024/IMFBlog By Paula Arias and Robin Koepke Capital flows to emerging market and developing economies went through several boom-bust cycles in recent decades, often partly driven by external developments such as monetary policy decisions in major advanced economies. During the recent global monetary tightening, inflows to many […]