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Proshare Nigeria
February 24, 2020
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The National Council and Management of the Nigerian Stock Exchange ("NSE"), the domestic and international investor community, members of the Press, other invited Guests, Distinguished Ladies and Gentlemen.
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February 24, 2020
The widely anticipated GDP growth numbers were released this morning and as expected, Q4 real GDP growth expanded at a faster pace to 2.55% from 2.28% in the preceding quarter. This is the fastest quarterly GDP growth rate since Q4'15 and is largely driven by increased aggregate spending (Christmas effect) and the minimum wage implementation.
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February 24, 2020
The average money market rate rose marginally last week by 0.54% to settle at 3.42% from 2.88% in the previous week. This is attributable to the outflows from FGN Bond worth N100.00 billion during the week.
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FMDQ Fixings Data
As on February 21, 2020
(Delayed by 12 Hours)
Tenor Rate (%) Change (%)
O/N 4 Proshare0.31
1M 8.8717 Proshare1.98
3M 8.9817 Proshare2.43
(Delayed by 12 Hours)
Tenor Rate (%) Change (%)
1M 2.8462 Proshare-0.16
3M 3.3935 Proshare-0.01
6M 3.6861 Proshare-0.16
AFEX Data
As on February 17, 2020
Commodity Price (₦) Points
Ginger 472,585.03 0.00
Maize 91,904.27 179.08
Soybean 113,300.68 179.87
Paddy Rice 131,666.00 136.29
Cocoa 909,333.00 0.00
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