Nigeria’s former central bank chief Lamido Sanusi on Sunday described the president who ousted him as a simple man trying to do well who has been undermined by incompetent and fraudulent aides. Sanusi, widely respected by economists in Nigeria and abroad, was suspended by President Goodluck Jonathan on Thursday over […]
Tag: Nigeria
Nigeria 10-year bond yield drops 18 bps; pressure eases after selloff
Yields on Nigeria’s 10-year debt dropped 18 basis points to 14.07 percent as selling pressure eased, a day after the suspension of the central bank governor caused a selloff in its bond, currency and stock markets. The 2022 benchmark debt, listed in the JP Morgan emerging government bond index and […]
Nigerian stocks hit 6-1/2 month low on banking selloff
Nigeria’s main share index fell 1.34 percent to a 6-1/2 month low on Friday, dragged down mainly by its banking sector, a day after the suspension of the country’s central bank governor caused a broad financial market selloff. The index of Nigeria’s top ten banking index shed 2.25 percent/ The […]
