March 17, 2026/Cordros Update The DMO is scheduled to conduct an NTB primary market auction tomorrow, offering NGN1.05 trillion across the three maturities: NGN100.00 billion for the 91-Day tenor, NGN150.00 billion for the 182-Day tenor, and NGN800.00 billion for the 364-Day tenor. Please see our expectations below
Updates
Inflation Marginally Slows in February
Headline inflation records slight moderation in February. Data from the National Bureau of Statistics (NBS) indicated that headline inflation moderated slightly in February, easing by 4 basis points (bps) to 15.1% year-on-year (y/y). This marginal deceleration was largely underpinned by a continued slowdown in core inflation, which declined to 15.9% […]
Supreme Court Affirms AMCON’s Sale of Lagos Continental Hotel for N22Billion
March 16, 2026/AMCON The Supreme Court Friday, February 20, 2026, finally delivered judgment in favour of the Asset Management Corporation of Nigeria (AMCON) following the protracted legal battle between Polaris Bank Limited, AMCON, 11 Hospitality Plc, and Milan Industries Limited over the sale of Lagos Continental Hotel. Recall that the […]
