In Your Interest
Culled—Proshare March 19, 2020 By Zedcrest Capital Below are highlights of trading activities in the fixed income and forex market on March 18, 2020 FGN Bonds The Bonds Markets pulled back its recent gains, as yields rose across the bond curve following weak global market sentiments. Yields repriced higher opening […]
Culled—Proshare March 19, 2020 by FBNQuest Research A rising proportion of the FGN’s domestic debt consists of promissory notes issued to clear arrears. These notes amounted to N968bn (US$2.64bn) at end-February or about 6% of the burden and could rise to a maximum of N2.7trn, dependent upon the verification […]
March 19, 2020/IMF The IMF Executive Board has approved the expedited appointment of Mr. Geoffrey Okamoto as First Deputy Managing Director, effective March 19, 2020. IMF Managing Director Kristalina Georgieva originally proposed his appointment on March 12, 2020 with an effective start date of March 30. “Given the exceptional challenges […]