March 22, 2022/United Capital Research The Debt Management Office (DMO) conducted a FGN bond auction to sell N150.0bn worth of bonds with the 2026s and 2042s on offer. At the auction, investor demand was healthy as the 2026, and 2042 instruments were oversubscribed with bid-to-cover ratio printing at 3.1x, and […]

March 22, 2022/CSL Research While other central banks are increasing rates in the face of rising inflation, the Central Bank of Nigeria (CBN) has maintained its accommodative stance. Unlike the first meeting in January, where the committee unanimously maintained all benchmark policy rates at their current levels, some committee members […]

Nigeria has the potential to increase its oil and gas exports to Europe by ramping up production and increasing investment in exploration and infrastructure development. Image Credit: AEC March 22, 2022/AEC Apart from retaining its position amongst the leading oil and gas producers in Africa in 2022, Nigeria, with over […]