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Proshare Nigeria
December 05, 2021
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The Non-Interest Financial Institution of Nigeria (NIFIAN) recently hosted its 3rd webinar with the theme "Transformational Development through Non-Interest Finance". Non-interest finance aims to align with economic development and social welfare across the globe. Non-interest finance in Nigeria has improved social welfare and financial inclusion.
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December 05, 2021
In the first 10 months of 2021, a plethora of foreign and local investors have invested a combined sum of N412 billion (bn) ($992 million) across 35 Nigerian startups. Similarly, Google has pledged to invest $1bn in Africa over the next five years aimed at promoting digital transformation and innovation across the continent.
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December 05, 2021
OPEC and its allies kept to their current output expansion plan, despite demand concerns following the emergence of the new Covid-19 variant (Omicron). The current plan involves ramping up output by 400,000bpd each month from August through 2022 until pre-pandemic pumping levels are attained as the alliance attempts to gradually reverse last year's record supply cuts of roughly 10 million barrels per day.
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FMDQ Fixings Data
As on December 02, 2021
(Delayed by 12 Hours)
Tenor Rate (%) Change (%)
O/N 14.5 Proshare-1.50
1M 11.3487 Proshare1.68
3M 11.9106 Proshare2.02
(Delayed by 12 Hours)
Tenor Rate (%) Change (%)
1M 3.1279 Proshare-0.01
3M 3.4438 Proshare-0.01
6M 4.7735 Proshare-0.21
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