August 28, 2024/CSL Research Based on news reports, the Nigerian Electricity Regulatory Commission (NERC) announced on Tuesday that it has granted six states the authority to regulate their own electricity markets. In a statement on X (formerly Twitter), NERC confirmed that Enugu, Ekiti, Ondo, Imo, Oyo, and Edo States have […]
Author: InvestAdvocate
Coronation Fixed Income and Exchange Rate Update
August 28, 2024/Coronation Research Summary Opening market liquidity was reported at N1.1m on Friday (23, Aug ‘24). Call, overnight, and repo rates closed within the range of 8.6% – 26.2%, as rates in the money market moderated. Last week, the average NTB yield decreased by 262bps to close at 22.3% w/w. […]
CBN Univeils Inflation Expectations Survey Report for July 2024
August 27, 2024/CBN Highlights The businesses and households respondents believe that the July 2024 inflation rate was high, as indicated by the negative index point of -61.1 Most respondents believed changes in the price of energy, exchange rate, and transportation were the major drivers of inflation in July 2024. Respondents […]
