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As Nigeria Exits Recession

March 3, 2021--The latest figures released by the Nigeria Bureau of Statistics (NBS) indicate that Nigeria has exited recession as the Gross Domestic Product (GDP) grew by 0.11% in the fourth quarter of 2020.

It was the first positive quarterly growth for the entire year as the three preceding quarters all recorded negative growth figures.

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Source: allafrica.com


NSE engages issuers to deepen activity in ETF market

March 3, 2021--The Nigerian Stock Exchange (NSE) on Wednesday, March 3 engaged with Exchange Traded Funds (ETFs) Issuers' in the Nigerian capital market in line with its commitment to deepen activities in the segment.

The virtual session highlighted key development areas for the market specifically in terms of product issuances, market liquidity, regulatory landscape and capacity building...

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Source: businessday.ng/


IMF-West African Economic and Monetary Union : Selected Issues

March 2, 2021--WAEMU-INITIAL POLICY RESPONSE TO THE COVID-19 CRISIS11.
During the eight years preceding the global Covid-19 pandemic, WAEMU countries recorded strong economic growth supported by broadly sound policies. Real GDP growth exceeded 6 percent (much above the 3.7 percent SSA average) during 2012-19 on the back of robust domestic demand, while inflation remained subdued.

This performance was supported by expansionary fiscal and monetary policies until 2016, followed by some monetary tightening and fiscal consolidation, which allowed the aggregate fiscal deficit to decline below the regional convergence criterion of 3 percent of GDP in 2019.

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Source: IMF


Nigeria: NSE-Equities Shed N17 Billion On Worsening Investor Sentiment

February 23, 2021--The All Share Index closed at 40,154.09 index points while market capitalisation eased to N21.009 trillion.

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Source: allafrica.com


Nigeria: Nigeria's Economy Rebounds With 0.11% GDP Growth in Q4'20

February 19, 2021--Nigeria's economy re-bounded in the fourth quarter of last year (Q4'20) as the nation's Gross Domestic Product (GDP) grew year-on-year (y/y) by 0.11 percent, with aggregate GDP at N43.5trillion.

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Source: allafrica.com


Bitcoin Will Persist In Nigeria, But The Ban Changes Things

February 17, 2021--You have probably heard the news about the Central Bank of Nigeria (CBN) imposing a ban on financial services for cryptocurrency exchange operators, as well as the incongruent excuses for its action. You may have also heard of several connected controversies, like how it's linked to the #endSARS protests, aid for which was partly funded in bitcoin.

What you probably don't know, though, is how this is related to the economic shock from the COVID-19 pandemic, the huge arbitrage gap in the naira (NGN) prices across the Nigerian currency market, the decline in Nigeria's inflow remittances and the emotional tension of individuals whose funds are sadly trapped in all of this.

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Source: bitcoinmagazine.com


Five Questions About Nigeria's Road to Recovery

February 15, 2021--The COVID-19 pandemic has placed Nigeria at a critical juncture. The country entered the crisis with falling per capita income, high inflation, and governance challenges. Policy adjustments and reforms designed to shift the country from its dependence on oil and to diversify the economy toward private sector-led growth will set Nigeria on a more sustainable path to recovery.

The IMF's latest economic assessment of Africa's largest economy recommends exchange rate reforms and strengthened efforts to increase government revenues.
What is the economic outlook for Nigeria in 2021 and beyond?
Nigeria's recovery is expected to be weak and gradual under current policies. Real GDP growth in 2021 is expected to turn positive at 1.5 percent. Real GDP is expected to recover to its pre-pandemic level only in 2022. The near-term outlook is subject to downside risks from pandemic-related developments with Nigeria experiencing a second wave. Over the medium term, a subdued global recovery and decarbonization trends are expected to keep oil prices low and Organization of the Petroleum Exporting Countries quotas in place, restricting oil-related activities, fiscal revenues, and export proceeds. Non-oil growth is also expected to remain sluggish, reflecting inward-looking policies and regulatory uncertainties.

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Source: IMF


Nigerian Stocks-No Recovery As Investors Lose N426bn

February 11, 2021--The All Share Index slipped 1.96 per cent.
Nigerian stocks were down by 1.96 per cent or N425.919 billion on Wednesday, bringing the month to date loss close to N1 trillion as selling pressure weighed on a market beset by loss-making since February began.

Investors put up large volumes of shares in Fidson, CAP, Regal Insurance, Sovereign Trust Insurance and Sunu Assurance for sale, making them contribute the most to the downtrend.

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Source: allafrica.com


Nigerian Stocks in Longest Losing Streak So Far in 2021

February 9, 2021--Equities continue to fall as consumer goods, bank stocks stoke losses.

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Source: allafrica.com


6 reasons why Africa's new free trade area is a global game changer

February 6, 2021--AfCFTA, the largest global free trade area by countries participating, could transform the continent's economic prospects.
It aims to be a model of cross-border cooperation in an era of growing isolationism.
The agreement must overcome implementation challenges to realize its many benefits.

The arrival of COVID-19 in 2020 has rapidly reshaped countries, societies and communities. Our response to the pandemic has changed political and social systems and created new social norms. Now the world continues to face a plethora of challenges-including climate change, inequality, technological change, migration and displacement-that are both complex and evolving, and which demand collective action.

Most pressingly, the full economic impact of the pandemic is still not fully understood: The IMF projected a historic global GDP contraction of 4.4% in 2020 and a partial and uneven recovery in 2021, with growth at 5.2%.

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Source: World Economic Forum


Americas


April 25, 2025 Tradr Launches Leveraged ETFs on APP and QBTS
April 25, 2025 Exchange Traded Concepts to Close and Liquidate The Range Global LNG Ecosystem Index ETF (NYSE: LNGZ)
April 25, 2025 Roundhill Announces Name Change for Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE)
April 25, 2025 Financial Stability Report
April 25, 2025 Tidal ETF Trust files with the SEC-RPAR Risk Parity ETF and UPAR Ultra Risk Parity ETF

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Europe ETF News


April 24, 2025 ESMA assesses the risks posed by the use of leverage in the fund sector
April 23, 2025 Europe and Central Asia: Accelerate Growth through Entrepreneurship, Technology Adoption, and Innovation
April 23, 2025 ETF and ETP listings on 23 April 2025: new on Xetra and Boerse Frankfurt
April 17, 2025 ETF and ETP listings on 17 April 2025: new on Xetra and Borse Frankfurt
April 16, 2025 ETF and ETP listings on 16 April 2025: new on Xetra and Borse Frankfurt

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Asia ETF News


April 24, 2025 Asia Can Boost Economic Resilience Amid Surging Trade Tensions
April 24, 2025 Low-Cost ETFs and Long-Term Capital Funds Drive High-Dividend Strategies in A-Share Market
April 23, 2025 South Asia's Growth Prospects Dimming Amid Global Uncertainty
April 22, 2025 KB Asset Management to Launch KB RISE US Natural Gas Value Chain ETF Tracking the Solactive US Natural Gas Value Chain Index
April 11, 2025 Indxx Licenses India Digital Select 5 NTR Index & India Large-Cap Growth Select 5 NTR Index to KB Securities in Korea

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Global ETP News


April 24, 2025 Deloitte Releases 2025 Financial Services Industry Predictions Report
April 23, 2025 Rising Global Debt Requires Countries to Put their Fiscal House in Order
April 22, 2025 ETFGI reports record Q1 net inflows of US$463.51 billion into the global ETFs industry
April 22, 2025 The Global Economy Enters a New Era
April 22, 2025 IMF World Economic Outlook-A Critical Juncture amid Policy Shifts

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Middle East ETP News


April 23, 2025 Growth in the Middle East and North Africa Forecast to Moderately Accelerate in 2025 Amidst Uncertainty
April 10, 2025 GCC on track to see an uptick in local currency sukuk

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ESG and Of Interest News


April 22, 2025 Charted: Countries Accumulating the Most AI Patents
April 15, 2025 State of the Global Climate 2024
March 31, 2025 OECD urges strengthened co-operation to sustain trillion-dollar ocean economy
March 30, 2025 Africa: Fast Fashion Fuelling Global Waste Crisis, UN Chief Warns
March 26, 2025 'Renewables are renewing economies', UN chief tells top climate forum

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April 22, 2025 Langham Hall -Trends in venture capital fund terms report
April 11, 2025 IMF Working Papers-Inflation Targeting and the Legacy of High Inflation
April 11, 2025 Navigating Trade-Offs between Price and Financial Stability in Times of High Inflation
April 11, 2025 IMF Working Papers-The Global Impact of AI: Mind the Gap
March 21, 2025 Could Digital Currencies Lead to the Disappearance of Cash from the Market?

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