Culled—Proshare April 27, 2020 by Afrinvest Research Last week, demand in the Nigerian Treasury Bills (“NT-Bills”) secondary market strengthened as robust system liquidity levels (c. N668.0bn long at the start of the week) continued to bolster market sentiments despite the release of March’s inflation data which rose 6bps to 12.3% […]
Money Market
AEC calls on the Bank of Central African States to relax Forex Rules
New rules notably state that all foreign exchange transfers over $1,680 be vetted for approval by the bank April 27, 2020/AEC The African Energy Chamber (www.EnergyChamber.org) has joined oil industry stakeholders in calling on the Bank of Central African States (BEAC) to relax its currency controls rules adopted in June […]
Central Bank Sterilizes N1.30Trillion Of Bank Deposits To Combat Excess System Liquidity
Culled—Proshare April 26, 2020 Zedcrest Capital Below are highlights of trading activities in the fixed income and forex market on April 24, 2020 FGN Bonds It was a calm session to close the week in the Bonds Market, as the news IMF’s recommendation of a possible $3.4Billion emergency funding loan […]
