Coronation Merchant Bank, Named Best Investment Bank, Nigeria, at the 2023 World Finance Banking Awards Lagos, Nigeria – April, 2024 Coronation Merchant Bank, a member of the Coronation Group Limited,
Coronation Merchant Bank Limited Strengthens Management Team with Key Appointments Lagos, Nigeria – April, 2024 Coronation Merchant Bank Limited has announced the appointment of three key experienced professionals to its executive management team. A
The demand at this auction primarily reflects improved system liquidity as call, overnight, and repo rates closed within a range of 6% – 30%. We note there was substantial demand
The dialogue reaffirmed the CBN’s dedication to rectifying distortions within the foreign exchange market. We understand that a payment of USD400m has recently been made towards the outstanding FX backlog
In assuming his role as CBN governor months ago, the fx backlog was c.USD7bn. However, after engaging one of the “the Big Four accounting and consulting firms”, to conduct a
Global Economic Landscape, no dramatic rebound in sightBased on series of projections, global GDP growth is projected at between 1.5 – 2.8%in 2023. The factors influencing these forecasts are similar.
Nigeria’s economy has posted GDP expansion for four quarters since its last recession recorded in 2020. However, the current growth rate levels are unable to halt the steady decline in
Now that we are almost three-quarters through the year, Nigeria stock market investors might want to take a look at what factors and sectors have driven the market’s performance and
In 2019, the Central Bank of Nigeria decided to introduce a policy that, in its view, would stimulate the economy while keeping monetary policy tight. A little over two years
The scorecard for the listed banks that have reported their H1 results is mixed. We believe that it is a matter of timing changes in interest rates and that Q3
