Capital market analysts have said that the positive trend recorded in the equities market for the greater part of last week may continue into this week. Their prediction was based on the expected financial results from major quoted companies on the Nigerian Stock Exchange. It is expected that the year-end […]

Nigeria’s interbank lending rates closed at an average of 13.50 percent this week, easing from 15.50 percent last week, following the release of some of December’s budgetary allocation to government agencies, traders said on Friday.  The borrowing rate opened the week at 12.25 percent on large budgetary inflows, but rose […]

Strong demand is expected at Kenyan and Nigerian debt auctions next week as investors try to lock in high yields before easing inflation in both countries drags the rates of return lower.  KENYA Kenyan bond yields are likely to extend their falls as investors rush to lock in high rates […]