September 8, 2021/United Capital Research The Central Bank of Nigeria (CBN) is scheduled to conduct a Primary Market Auction (PMA) to rollover N138.2bn worth of maturing treasury bills today (8/09/2021). Clearly, following the upward pressure on interest rates in the first half of the year, sovereign debt managers have leaned […]

September 8, 2021/NGX Nigerian National Petroleum Corporation (NNPC) has expressed its willingness to collaborate with Nigerian Exchange (NGX) Limited on financing options in the near term. This was indicated during a courtesy visit from the Management of NGX to NNPC led by the Chairman, NGX, Mr. Abubakar Balarabe Mahmoud, SAN, OON on Tuesday, 7 […]

September 8, 2021/IOSCO The Board of the International Organisation of Securities Commissions (IOSCO) reiterates the importance of continued transition to robust alternative financial benchmarks, i.e., Risk-Free Rates, to mitigate potential risks arising from the cessation of LIBOR, including USD LIBOR. IOSCO wishes to highlight those alternative financial benchmarks will need […]