May 19, 2022/United Capital Research At the start week, the National Bureau of Statistics (NBS) published the Consumer Price Index (CPI) report for Mar-22. According to the report, the headline inflation climbed further by 90bps to settle at 16.8% y/y in Apr-22, from the previous print of 15.9% y/y in […]
OPINION/EDITORIAL
May Bond Auction: Marginal Rates Tick Higher for the 2042s
May 18, 2022/United Capital Research On Monday, May 16th, 2022, the Debt Management Office (DMO) conducted Its May FGN bond Auction with the following instruments on offer; MAR 2025, APR 2032 and FGN JAN 2042. At the auction, investor demand was relatively healthy as 2025, 2032, and 2042 instruments were […]
Proposed MYTO Review: How far does it take us to cost-reflective tariffs?
May 18, 2022/CSL Research In preparation for a Minor Review of the Multi-Year Tariff Order (MYTO) in July 2022, the Nigerian Electricity Regulatory Commission (NERC) has asked for comments from the public and industry stakeholders on the proposed review which guides the review of electricity tariffs in the country. Meanwhile, […]
