Day: September 21, 2021
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Coronation Fixed Income and Exchange Rate (CFEX) Update | 20 Sep ‘21
Summary Opening market liquidity was reported at NGN312.8bn on Friday (17 Sep ‘21). Overnight and repo rates closed within a range of 16.5-20.0%. The secondary market for NTBs was largely bearish due to the increased supply of NTBs and OMO bills from the auctions in the past As a result, the average NTB yield rose […]
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CIBN B/F 2021: Structural transformation and Growth
Today we highlight one of the sessions, ‘Economic Recovery’, at the recently concluded CIBN Banking and Finance conference. This was a hybrid event in Abuja, Lagos and partially virtual last week. The Covid-19 disruptions have created demand and supply shocks in the global system while unlocking new opportunities for growth. Given the pre-existing financing challenges […]