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Proshare Nigeria
January 27, 2020
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According to Diarietou Gaye, the Director of Strategic Operations, World Bank Africa Office, the continent is the only region in the world where more women than men choose to become entrepreneurs, a phenomenon that is not the subject of adequate discussion.
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January 27, 2020
Nigeria's Gross Domestic Product (GDP) growth rate in 2020 will remain sluggish in 2020, the Chief Economist of Businessday Newspapers, Dr. Nonso Obikili, disclosed this as a keynote speaker at the Lagos Chamber of Commerce and Industry (LCCI) Business and Economic seminar.
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January 27, 2020
In a hawkish move, the Monetary Policy Committee (MPC) resolved to increase the cash reserve ratio (CRR) by 500bps to 27.5% at the end of its two-day meeting on 24 January, 2020. The policy tweak was a response to the liquidity glut, catalyzed by the OMO ban, and its purported impact on rising inflationary pressures.
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FMDQ Fixings Data
As on January 24, 2020
(Delayed by 12 Hours)
Tenor Rate (%) Change (%)
O/N 3.609 Proshare0.36
1M 8.0731 Proshare0.81
3M 8.0974 Proshare1.33
(Delayed by 12 Hours)
Tenor Rate (%) Change (%)
1M 2.9833 Proshare-0.21
3M 3.1767 Proshare-0.14
6M 3.5986 Proshare0.34
AFEX Data
As on January 25, 2020
Commodity Price (₦) Points
Soybean 134,333.00 195.24
Sorghum 70,617.00 0.00
Ginger 467,667.00 0.00
Maize 93,200.00 181.61
Paddy Rice 131,666.00 136.29
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