Financial Services

July 3, 2018

Nigeria Update: Manufacturing index expands further on sustained central bank’s intervention

Sustained forex intervention by the Central Bank of Nigeria (CBN) spurred expansion of the nation’s Manufacturing Purchasing Managers’ Index (PMI) as it rose to 57.0 in […]
June 29, 2018

World Update: World Bank approves $2.1bn for health, power projects

The World Bank said on Thursday it had approved a total of $2.1 billion in concessionary loans to fund projects in Nigeria aimed at improving access […]
June 22, 2018

Nigeria Update: Shareholders endorse Stanbic IBTC’s dividend payout

Shareholders of Stanbic IBTC Holdings Plc have approved the bank’s total dividend, culminating to per share due to every investor of the bank for the 2017 […]
June 19, 2018

Nigeria Update: FMDQ market report

Commentary on the foreign exchange (FX) market with data for the week-ended June 14, 2018.  ▪ The Central Bank of Nigeria (CBN) intervened through its periodic […]