Coronation Merchant Bank facilitates Coleman’s landmark ₦10.005 billion Commercial Paper issuance Lagos, Nigeria – 14th September, 2022 Coronation Merchant Bank Limited is pleased to announce its role as the lead arranger and dealer on Coleman’s ₦10.005 billion Series 5 & 6 commercial paper issuance, which is the largest commercial paper issuance by a company in …
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Author Archives: Coronation Merchank Bank
Coronation Merchant Bank Facilitates Coleman’s Landmark ₦10.005 Billion Commercial Paper Issuance
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
More →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
More →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
More →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 …
More →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%
More →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 …
More →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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