Author Archives: Coronation Merchank Bank

  • S01 Ep08 – Inflation vs Consumption

    Rising inflation adversely impacts real earnings which by extension, has an impact on consumption patterns. This episode focuses on consumer behaviour trends. It also highlights strategic steps (from a business perspective) around navigating supply-shock challenges in the current macroeconomic environment. Listen Below  

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  • Coronation Merchant Bank Advocates For Responsible Financing To Enhance Sustainability

    Coronation Merchant Bank advocates for Responsible Financing to Enhance Sustainability Lagos, Nigeria – 31th August, 2022 Nigeria’s leading financial institution, Coronation Merchant Bank hosted a cross-section of experts to engage on the role of financial institutions on sustainability at the recently held Coronation Interactive Session themed, “Sustainability and Responsible Financing”. The session was the fifth …

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  • S01 Ep07 – Grains Of Hope For Agriculture

    Agriculture is integral for boosting growth, ensuring development and reducing poverty. This episode takes a deep dive into Nigeria’s potential economic backbone. It covers relevant policies, forward thinking solutions, the role of innovation, technology, and data in scaling up the agriculture sector among others. Listen Below  

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  • Economic Review And 2022 Outlook Blend Of Optimism And Uncertainty

    Nigeria’s economy has posted GDP expansion for four quarters since its last recession recordedin 2020. However, the current growth rate levels are unable to halt the steady decline in incomesand the rise in poverty. Download here

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  • Fitch Affirms ‘B-’ Rating For Coronation Merchant Bank

    Fitch Ratings has affirmed Coronation Merchant Bank Limited’s (CMB) Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a Stable Outlook. Lagos, Nigeria – 18th July, 2022 According to the global rating agency, “the bank’s sound asset-quality record, adequate capitalisation and performance” are rating strengths. “Management quality is a rating strength. Coronation Merchant Bank has recorded …

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  • CFEX 14th July, 2022

    Opening market liquidity was reported at N222.9bn on Friday (08 July ‘22). Overnight and repo rates closed within a range of 13 – 14%. The average NTB yield increased by +142bps w/w to close at 6.8%. Meanwhile, the average yield for OMO bills increased by +98bps w/w to close at 6.3%

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  • CFEX 7th July, 2022

    Opening market liquidity was reported at N56.4bn on Friday (01 July ‘22). Overnight and repo rates closed within a range of 13 – 14%. The average NTB yield increased by +60bps w/w to close at 5.4%. At the latest primary market NTB auction held last week Wednesday, the CBN offered N174.1bn but allotted N197.7bn worth …

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  • S01 Ep06 – Power, In Need Of A Leg-up

    The power sector continues to garner interest due to its role as a primary driver for industrialisation in most economies. This episode captures challenges in select areas of the power value-chain and provides recommendations on workable solutions. The need for an appropriate market structure and policies to boost investments and support profit maximisation are among …

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  • Coronation Merchandise Trade Insights

    The latest report from the National Bureau of Statistics (NBS) in its series on foreign trade in goods shows the total value of trade increased by 11.1% q/q and 65.4% y/y to N13trn in Q1 ‘22. Compared with Q4 ‘21, the total export value rose by 23% to N7.1trn from N5.8trn, while the import value …

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  • Russia-Ukraine Conflict: Macroeconomic Shocks And Working Capital Financing

    Ukraine is considered the “breadbasket of Europe,” and as such, the disruption, particularly in the global food supply chain is not surprising. Russia and Ukraine are also significant suppliers of metals and other commodities. Russia controls about 10% of global oil supply and is the largest natural gas exporter globally. Furthermore, Russia supplies c.45% of …

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Year Ahead-Re-risking the financial system

Year Ahead 2020: Re-risking the financial system

Oil prices: In a global oil market threatened with over-supply, it appears that OPEC, and its ally Russia, are doing a good job of limiting production.