April 14, 2022/Coronation Research Summary Opening market liquidity was reported at N117.7bn on Friday (08 April ‘22). Overnight and repo rates closed within a range of 5.8-7.5%. The average NTB yield increased by 6bps w/w to close at 3.3%. Meanwhile, the average yield for OMO bills remained unchanged to close […]
Updates
Elon Musk’s Offer to Buy Twitter
April 14, 2022/The Wall Street Journal Elon Musk on Thursday made his intentions with Twitter Inc. official, offering to buy the company at $54.20 per share in cash. So far, the social-media platform has said it would review his offer, which values the company at around $43 billion. Speaking at […]
IMF, World Bank, WFP. WTO Heads Call for Urgent Coordinated Action on Food Security
April 13, 2022/IMF Proposed actions to help vulnerable countries include providing emergency food supplies and deploying financial support to households and countries; facilitating unhindered trade; investing in sustainable food production and nutrition security. Leaders call on the international community to support vulnerable countries through grants to cover urgent financing needs. […]
