Rates rise seen ahead CBN auction as traders sideline T-bills, Tuesday
Charles Abuede
April 13, 2022
BY CHARLES ABUEDE Fixed income analysts at Meristem Securities income analysts have said they expect rates to go up across all
Naira drops to N417/$1 as yields on FGN bonds climb higher to 10.9%
Charles AbuedeApril 12, 2022
BY CHARLES ABUEDE Nigeria’s domestic currency, the naira, has continued its downward slide, losing strength against the United States
Naira steady on street but CBN’s Special Bills leave market adrift in search of direction
Charles AbuedeDecember 15, 2020
By Charles Abuede Fixed income market in bearish posture Prevailing uncertainty in the market and recent sell-offs expected to
Naira trades N455/$1 on street, N453 at BDCs, weakens N386.17 at I&E, as bids in above N383
Charles AbuedeSeptember 11, 2020
Charles Abuede Fixed income market upbeat The naira traded at N455 to the dollar on the Nigerian street currency market on Thursday as
Forex scarcity sends naira crashing, now N472/$ at parallel market
Businessam StaffJuly 29, 2020
Foreign exchange scarcity has triggered further fall of the naira in the parallel market where it now exchanges at N472 to a dollar on
Naira weakens despite dollar selloff
Lukmnan OtunugaJuly 27, 2020
As the worldwide race for a coronavirus vaccine gathers pace and fiscal stimulus uplifts global sentiment, investors seem to be
Naira weakness is hurting private sector – MAN
Businessam StaffJuly 24, 2020
As Nigeria grapples with falling revenue and depreciating oil prices, members of the organised private sector have expressed worry
Analysts blame weakening naira as Nigeria’s inflation hits 12.56% for tenth straight month
Charles AbuedeJuly 17, 2020
Charles Abuede A weakening naira is what analysts are holding to account for a continuous rise in Nigeria’s inflation as the country’s
As pandemic lockdown eases, money in circulation falls to N2.29tn
Businessam StaffJuly 9, 2020
Nigeria’s stock of money in circulation stood at N2.29 trillion at the end of June 2020, representing a decline of N52.5bn from
Further devaluation: Naira’s official rate may hit N430/$ by year end – Report
Businessam StaffJuly 8, 2020
By Omobayo Azeez Indications are rife that by the end of this year, Naira, Nigeria’s local currency will be further devalued to