Tag
FX MARKET
Experts have projected that the interbank rates at the Nigerian money market will remain depressed in the meantime.
There appears to be no let-off for Nigerian local currency, Naira as the mounting pressure on it continues unabated.
World Bank Enterprise Survey disclosed that between 2009-2014, about 322 organised private companies were forced to shut down operations.
The FGN Bond market opened the month on a firmly bearish note, with yields trending higher by c.14bps, as market players reacted to the hike in the 1yr OMO rate by the CBN to 13.50% (15.60% yield), which weakened bid prices further, especially on the short end of the curve.
This is the summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and FGN Bonds.
This is the summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and FGN Bonds.
Nairametrics' summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills, is brought to you by Zedcrest.
Welcome to daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.
The FGN Bond market remained relatively quiet with yields ticking slightly higher by c.3bps following slight sell on the short end of the curve which came on the back of an OMO resumption by the CBN.
Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.
Daily performance of major economic indicators and highlights from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.
Daily performance of major economic indicators from tradings sessions and key statistics such as Treasury Bills, bonds, FX rates, inflation, oil price.