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Nigeria: Why Nigeria's GDP Would Surpass IMF Projection-Afrinvest

January 24, 2022--Analysts at Afrinvest West Africa) Limited, a Lagos based investment banking firm, have projected that in 2022, Nigerian economy would surpass the prediction by the International Monetary Fund, IMF by 0.2 percentage points despite the Gross Domestic Product, GDP, dynamics in 2021.

The firm predicted that Nigerian economy would grow by 2.9 per cent while the IMF predicted 2.7 per cent in 2022.

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Source: allafrica.com


Nigerian Stocks Dip As Investors Book Profit

January 17, 2022-The all-share index fell 0.12 per cent.
Nigerian stocks fell 0.12 per cent as investors took profit in newly admitted BUA Foods, which had garnered over 59 per cent until the end of last week when gains began to plateau.

Major declines were also reported by Transcorp and NGX Group on a day that trade volume tumbled by as much as 47 per cent.

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Source: allafrica.com


Nigeria Anticipates Economic Recovery in 2022 Despite Impact of Covid-19

November 12, 2022--Numeh Ekeghe writes that 2022 will usher in vista of economic development opportunities and recovery despite the negative impact of COVID-19, as she reviews the events that shaped the economy in 2021
Two years into the COVID-19 pandemic it has become evident that the virus is here to stay and economies would have to adapt.

While the Nigerian economy has been able to survive the COVID-19 induced recession, analysts say the country may not witness a faster growth than it had last year.

With large vaccine deliveries now in place, Nigeria's fight against COVID-19 has devolved to one against vaccine hesitancy, and it is expected that vaccine mandates for government agencies would come into force over 2022, which should increase vaccination coverage across the population.

Growth at the end of the third quarter of 2021 stood at 4 per cent, with that, annual year-on-year (YoY) growth expected to be around 3.5 per cent. For 2022, analysts believe that while the country would continue to experience growth, it may remain within the 3.5 per cent band as the country works its way into an election year.

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Source: allafrica.com


Nigerian Stocks Head Into Second Day of Flat Trade With N3.2 Billion Loss

December 22, 2021--Decmber 22, 2021--The all-share index closed at 42,388.57, dropping 6.14 basis points.
Nigerian equities saw a weak movement in price movement for the second day on the trot on Tuesday, inching up by as little as 0.01 per cent even though the quantity of shares traded rose by 94 per cent when set beside what was recorded on Monday.

Investors placed sell orders on millions of shares in UACN, which set stocks' value on a downward course, with similar pressure on those of Zenith Bank helping the slide.

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Source: allafrica.com


Economy steadily recovering, but growth still fragile-CBN

December 15, 2021--THE Central Bank of Nigeria, CBN, Tuesday, said Nigeria's economy is on recovery path but the growth is still fragile and below potential.

Consequently, while commending the banks for supporting the recovery efforts, the CBN Governor, Godwin Emefiele, charged them to initiate uncommon measures that would boost the recovery drive through credit to productive sectors.

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Source: vanguardngr.com


Nigeria central counterparty clearing for securities door to safer future

December 10, 2021--Nigeria has launched the first central counterparty (CCP) clearing system for securities trades in West Africa. This paves the way for exchange-traded derivatives. NG Clearing Limited launched the CCP yesterday, 9 December.

NG Clearing will facilitate the clearing and settlement of exchange-traded derivatives, manage counterparty risk, reduce systemic risk, and promote the safety and integrity of Nigeria's capital market.

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Source: africancapitalmarketsnews.com


RMB releases list of 2021 Top 10 investment-attractive African countries

December 9, 2021--Operating environments, fiscal scores and development plans-key to investment-attractiveness in a Covid world
RMB's Where to Invest in Africa 2021 report positions Egypt as Africa's top investment destination, with Morocco following and South Africa in third place.

Based on their operating environments, other high-scoring countries have moved up the rankings-notably Rwanda and Botswana, now in fourth and fifth position respectively.

The positive global sentiment that saw the year 2020 in was short-lived when SARS-CoV-2 began ravaging the globe. The nature of the virus and lockdown legislation demanded a new sociological construct that still tilts the scales of the work-life balance. Recession hit- putting amongst others the spotlight on salient aspects of human interaction. COVID-19 brought into sharp focus the vast disparities in access to basic health and wellbeing services across countries. It was also a catalyst for the adoption and utilisation of technology as a means to interface.



Source: rmb.co.za


South Africa: SA Economy Shrinks By 1.5 Percent in the Third Quarter

September 7, 2021--South Africa's Gross Domestic Product (GDP) decreased by 1.5% in the third quarter of 2021, Statistics South Africa (StatsSA) said on Tuesday.
During this period, the trade, catering and accommodation industry decreased by 5.5%, contributing -0.7 of a percentage point to GDP growth.

The statistics agency said decreased economic activities were reported for wholesale, retail and motor trade, and catering and accommodation services.

Statistician-General Risenga Maluleke said between July and September, the manufacturing industry decreased by 4.2% in the third quarter, contributing -0.5 of a percentage point to GDP growth.

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Source: allafrica.com


Will today's launch of day trading transform Nairobi Securities Exchange?

November 22, 2021--Nairobi Securities Exchange launches day trading in listed shares today 22 November. The programme starts with unleveraged intra-day trading and will expand to cover leveraged day trading once rules are in place. The aim is to boost liquidity and trading activity on this leading African stock exchange.

Geoffrey Odundo, CEO of the NSE, commented in this report in Business Daily: "Day trading is a welcome move for local investors who have previously lobbied for the activation of the intraday trading, as they seek to take advantage of intraday price movements and increase their profit margins. We are confident of a bullish market performance going forward."

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Source: africancapitalmarketsnews.com


Nigeria: GDP Grew By 4.03 Percent in Third Quarter-NBS

November 19, 2021--The National Bureau of Statistics (NBS) yesterday revealed that Nigeria's Gross Domestic Product (GDP) grew by 4.03 per cent in the third quarter (Q3) of 2021, compared with the 5. 01 per cent recorded in the preceding quarter of same year.

The Statistician General of the Federation (SGF)/Chief Executive, NBS, Dr. Simon Harry, who revealed this at a media briefing, said the negative impact of the COVID-19 continued to impact on economic performance.

He said despite the slower growth, the Q3 performance was considered a tremendous improvement over both Q1 and Q2 of the year, adding that there had been steady growth of the economy.

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Source: allafrica.com


Americas


June 30, 2025 Allspring Exchange-Traded Funds Trust files with the SEC
June 30, 2025 Northern Lights Fund Trust files with the SEC-Toews Agility Shares Hedged Equal Weight ETF and Toews Agility Shares Hedged-Qs ETF
June 30, 2025 Lazard Active ETF Trust files with the SEC-Lazard US Systematic Small Cap Equity ETF
June 30, 2025 WisdomTree Trust files with the SEC-WisdomTree Japan Opportunities Fund
June 30, 2025 J.P. Morgan Exchange-Traded Fund Trust files with the SEC-JPMorgan 100% U.S. Treasury Securities Money Market ETF

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Europe ETF News


June 16, 2025 ESMA's activities in 2024 focused on strengthening the EU capital markets and putting citizens and businesses at the heart of it
June 12, 2025 Janus Henderson launches active fixed income ETF
June 12, 2025 ifo Institute Raises Growth Forecast for Germany
June 10, 2025 ESMA publishes latest edition of its newsletter
June 06, 2025 Active ETF fever grips selectors-is the end in sight for mutual funds?

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Asia ETF News


June 25, 2025 QFIIs Gain Access to Onshore ETF Options As A-share Market Opening Deepens
June 18, 2025 Mirae Asset Global Investments Launches MIRAE ASSET TIGER CHINA GLOBAL LEADERS TOP3 PLUS ETF, Tracking Solactive-KEDI China Global Leaders TOP3Plus Index
June 13, 2025 Post-Adjustment ChiNext Index Attracts Global Assets with Low Valuation and High Growth Potential
June 13, 2025 Unlocking Consumption to Sustain Growth in China -World Bank Economic Update
June 13, 2025 US trading firm Virtu weighs foray into China market-making business

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Global ETP News


June 14, 2025 Global Economic Prospects-Global Economy Faces Trade-Related Headwinds
June 12, 2025 Disclosing Public Debt Boosts Investor Confidence, Cuts Borrowing Costs 
June 10, 2025 Global Economy Set for Weakest Run Since 2008 Outside of Recessions
June 03, 2025 Trade Reckoning

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Middle East ETP News


June 19, 2025 GCC: Growth on the Rise, but Smart Spending Will Shape a Thriving Future
June 16, 2025 Saudi Exchange leads market losses across the GCC

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ESG and Of Interest News


June 18, 2025 Global Energy Transition Gains Ground, but Security and Capital Challenges Persist
June 17, 2025 Pacific Economic Update: Slowing Growth Highlights Need for More Inclusive Workforce
June 10, 2025 Global Carbon Pricing Mobilizes Over $100 Billion for Public Budgets
June 07, 2025 Accelerating Blue Finance: Instruments, Case Studies, and Pathways to Scale
June 03, 2025 The Longevity Dividend

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White Papers


May 30, 2025 IMF Working Paper-Interest Rate Sensitivity Scenarios to Guide Monetary Policy

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