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What Do Reeling Global Markets Mean for Nigeria?

Culled—Proshare 7/2/2018/Vetiva Research  Taking a cue from a bearish close to last week, global equity markets opened to a rout this week as investors were spooked by the possibility of… Read more »

AfDB to reach 29.3 million Africans with electricity by 2020

• 3.8 million Africans provided access to electricity in 2017, says President Adesina • Plans for 10,000 MW of solar power systems across the Sahel January 30, 2018/AfDB In line… Read more »

The Current Economic Sweet Spot Is Not the “New Normal”

Culled—IMFBlog By Maurice Obstfeld January 22, 2017 As the year 2018 begins, the world economy is gathering speed. The new World Economic Outlook Update revises our forecast for the world… Read more »

Nigerian Insurance Fundamentals Remain Favourable-Fitch

January 23, 2018/Fitch Ratings Fitch Ratings says it expects the Nigerian insurance market to return to real gross written premium (GWP) growth in 2018 as favourable fundamentals support long-term development…. Read more »

International standard-setting bodies launch surveys on incentives to centrally clear OTC derivatives trades

December 14, 2017/IOSCO The Financial Stability Board (FSB), the Basel Committee on Banking Supervision (BCBS), the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions… Read more »

Nigeria’s Total Import in Q3’17 4.68% Lower than Q3’16-NBS

December 11, 2017/NBS Total Imports value of N2,348.6 billion in Q3 2017 was 10.51% lower than Q2 2017 and 4.68% lower than Q3 2016  Value of Imported Agricultural goods were… Read more »

Curtain falls on African Economic Conference: African countries urged to make governance a priority

December 9, 2017/AfDB The 12th African Economic Conference (AEC) drew to a close on Wednesday, December 6, 2017 in Addis Ababa, Ethiopia, with participants calling for governance to remain a… Read more »

Fitch Rates Nigeria’s USD Notes ‘B+’

November 28, 2017/Fitch Ratings Fitch Ratings has assigned Nigeria’s USD1.5 billion 6.500% senior unsecured notes due 28 November 2027 and USD1.5 billion 7.625% senior unsecured notes due 28 November 2047… Read more »

Ecobank Group Research reveals three key emerging trends for Africa

November 16, 2017/Ecobank Rebounding economy after a trying year Gas is West Africa’s new oil Africa’s evolving role in FinTech leadership The 2017 version of Ecobank Research’s Fixed Income, Currency… Read more »

Nigeria – Central Bank Will Pursue Gradual Easing Cycle

Culled—Proshare November 9, 2017/BMI  BMI View: The Central Bank of Nigeria will pursue an easing cycle over the coming quarters in an effort to offer further stimulus to growth after… Read more »