November 23, 2021/GCR Ratings GCR Ratings (“GCR”) has affirmed the national scale long term Issue rating of BBB+(NG) assigned to the Programme 1 Series 1 and Programme 2 Series 1 Bonds (collectively referred to as the Bonds) Issued by Gombe State Government of Nigeria, with the Outlook accorded as Stable. Rated […]
Updates
Coronation Fixed Income and Exchange Rate Update
November 23, 2021/Coronation Research Summary Opening market liquidity was reported at N105.4bn on Friday (19 Nov ‘21). Overnight and repo rates closed within a range of 19.0-20.0%. Last week, the average NTB yield declined by -8bps w/w to close at 5.1%. This can be partly attributed to increased demand on the […]
Osinbajo Hails Coca Cola’s $1 Billion Investment in Nigeria
*Adds: It’s a testament to the possibilities in the Nigerian economy November 23, 2021/OVP Coca Cola’s plan to invest $1 billion in Nigeria in the next five years testifies to the possibilities in the economy despite challenges, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this Monday […]
