December 17, 2024/Coronation Research Summary Opening market liquidity stood at a negative position of N1.50trn (13 Dec ’24), driven by a large sale of T-bills and OMO issuances during the week. Call, overnight and repo rates closed within a range of 6.88% – 32.92%, indicating a tight liquidity condition. Our […]
Updates
Afreximbank Participates in Bank of Industry Nigeria’s Syndicated Facility of Up to EUR 2-Billion
The Bank disbursed its participation amount of EUR 175 million in September 2024 in two tranches of EUR 115 million in Tranche A and EUR 60 million under Tranche B December 17, 2024/Afreximbank African Export-Import Bank (Afreximbank) recently joined a consortium of financial institutions in London to sign a landmark […]
November-2024 Inflation Note: Headline Inflation Trends Higher
December 17, 2024/United Capital Report Extracts from Nov-2024 Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) revealed that the Nigeria’s headline inflation printed at 34.60% on a year-on-year (y/y) basis, indicating a 72bps climb from 33.88% y/y recorded in Oct-2024, the highest in 26 years. […]
