News & Events
31
May
GLOBAL ECONOMY
The US economy grew by 1.60% in Q1 2026, up from 0.50% in Q4 2025 but below the earlier 2% estimate, reflecting...
24
May
GLOBAL ECONOMY
In the US, the April 2026 FOMC minutes released this week signaled a hawkish tilt, with most policymakers open to further tightening...
17
May
GLOBAL ECONOMY
This week, the Iran war remained in a fragile ceasefire phase, but tensions stayed elevated as President Trump said the truce was...
10
May
GLOBAL ECONOMY
US Trade deficit widened to $60.30billion, the largest this year, as imports hit a one‑year high (+2.30% month-on-month to $381.00billion) on strong...
03
May
GLOBAL ECONOMY
The Fed held rates at 3.50%–3.75%, marking an unusually split 8–4 vote, acknowledging heightened uncertainty from Middle East tensions; markets still expect...
19
Apr
GLOBAL ECONOMY
US Producer inflation remained volatile with headline PPI rising 0.50% month-on-month (m/m) and 4% year-on-year (y/y), driven by a 1.60% jump in...
12
Apr
GLOBAL ECONOMY
US macro conditions weakened amid rising inflation, persistent fiscal pressures, and mixed growth. The budget deficit widened to $164.10billion as 4% year-on-year...
02
Apr
10
Mar
We are pleased to share the Mutual Funds Fact Sheet for February 2026.
This report provides a concise overview of the funds’ performance during the month, together with key portfolio...
17
Feb
We are pleased to share the Mutual Funds Fact Sheet as at 17th February 2026.
21
Jan
Nigeria’s Inflation rate rose by 0.20% points to 34.80% in December 2024 from 34.60% in November 2024.
On a year-on-year basis, the headline inflation rate was 5.87% points higher...
08
Aug
The Central Bank of Nigeria (CBN) has approved the merger between Providus Bank and Unity Bank. The announcement was made by the Acting Director of Corporate Communications, Hakama Sidi, on Tuesday.