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Proshare Nigeria
April 19, 2021
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Digitization will go a long way in addressing low tax penetration and increase fiscal revenues while supporting economic stability in Nigeria. The West Africa Tax Partner and Lead, Deloitte, Mr. Yomi Olugbenro, made this point in a conversation on "Tax Administration and Economic Development in Nigeria".
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April 19, 2021
The latest national accounts show that the agriculture sector grew by 3.4% y/y in Q4 '20, compared with 1.4% the previous quarter. This is its strongest growth since Q4 '17. Crop production accounted for 91% of agriculture GDP, and expanded by 3.7 y/y. We also note that the forestry and livestock segments grew by 1.2% y/y and 2.4% y/y respectively.
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April 19, 2021
Capital Market Operators have been reminded of the Securities and Exchange Commission's directives on update of investors' Know Your Customer information which it said is still in effect.
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FMDQ Fixings Data
As on April 15, 2021
(Delayed by 12 Hours)
Tenor Rate (%) Change (%)
O/N 13.05 Proshare-0.15
1M 7.2491 Proshare0.98
3M 9.1949 Proshare1.46
(Delayed by 12 Hours)
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1M 2.1197 Proshare0.37
3M 2.5063 Proshare0.25
6M 3.8591 Proshare0.30
AFEX Data
As on March 17, 2021
Commodity Price (₦) Points
Cocoa 1,034,000.00 0.00
Sorghum 185,310.00 0.00
Soybean 314,500.00 0.00
Ginger 891,810.00 0.00
Maize 205,310.00 0.00
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