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Further Uptick in Bond Yields amidst OMO Resumption and Weak Inflation Results

Culled—Proshare 18/12/2017/@ZedcrestCapital  *** CBN calms anxiety in T-bills market with renewed OMO intervention*** ***Headline Inflation drops by 1bp to 15.90% in November*** KEY INDICATORS Inflation 15.90% Declined by 0.01% in November from 15.91% in October 2017 MPR 14.00% Left unchanged at 14.00% at the MPC meeting of November 2017 External […]

Economic transformation of Africa’s rural areas key to curtailing migration

December 18, 2017/AfDB On the occasion of International Migrants Day, December 18, the African Development Bank calls on African countries to reconstruct rural areas from zones of economic misery to zones of economic prosperity. This will in turn expand economic opportunities for African youth, leading to improvements in their lives, […]

Significant Retracement in Bond Yields following NTB Calendar release by the CBN

Culled—Proshare 15/12/2017/@ZedcrestCapital  *** CBN releases Q1 2018 NTB Calendar*** ***Plans to roll over all January – March maturities*** Bonds We witnessed further bearish retracements in the bond market today, following release of the Q1 2018 NTB calendar which revealed the DMO’s intentions to rollover all maturing NTBS from Jan – […]