March 20, 2022 Have you seen the videos on this link: https://www.firstbanknigeria.com/home/impact/crs-week/? Piece of advice: Please hold your handkerchief or make sure there is a good supply of tissue paper while you view. The initiative that inspired the efforts and results seen in the videos is not a strange one […]
Updates
Nigeria Raises US$1.25bn through Eurobonds
March 18, 2022/CSL Research Despite rising global interest rates, a press release from the Debt Management Office (DMO) showed Nigeria accessed the Eurobond market at a time many will consider not supportive of Eurobond issuance. The country sold 7-year Eurobond of US$1.25bn at 8.375%, a premium over its dollar bonds […]
Coronation Fixed Income and Exchange Rate Update
March 19, 2022/Coronation Research Summary Opening market liquidity was reported at N126.5bn on Friday (11 March ‘22). Overnight and repo rates closed within a range of 4.5-7.0%. Last week, the average NTB yield increased by 1bp w/w to close at 3.4%. At last week’s primary market NTB auction, the CBN […]

