October 21, 2021/United Capital Research Yesterday, the Debt Management Office (DMO) conducted the October bond auction, offering to sell N150.0bn worth of bonds across the 2026s, 2037s and 2050s. The auction was met with decent investors’ interest as the 2026s, 2037s and 2050s recorded bid-to-cover ratios of 0.9x, 1.6x and […]
Updates
Transcorp Named Best World Class Energy and Power Brand of the Year 2021
October 20, 2021/Transcorp Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s largest and most diversified conglomerate, announced on Thursday, October 14, 2021 that it received the International Standards Excellence Awards for Best World Class Energy/Power Brand of the Year 2021. The award is in recognition of the Transcorp’s phenomenal contributions to […]
Headline inflation Moderates for the 6th Consecutive Month…Prints at 16.63%
October 20, 2021/United Capital Research Click here to download our inflation flash. Last week, the National Bureau of Statistics (NBS) released the Consumer Price Index (CPI) report for Sep-2021. According to the report, the headline inflation rate eased to 16.63% y/y, printing lower than our forecast of 16.69%, and 38bps lower […]
