Author: Marketforces Africa

Analysts at CSL Stockbrokers Limited has maintained view that a fiat-driven strategy may not be sufficiet

The consumer price index, (CPI) which measures inflation increased by 14.23 percent (year-on-year) in October 2020,

FPI Claims, Swaps Reduce Nigeria’s External Reserves to $16.2bn Foreign Portfolio Investors (FPI) claims, swap on the Nigeria’s external reserve have reduced the amount by more than half. Experts at Chapel Hill Denham explained that the external reserves of the nation is much lower than $35.62 billion as indicated on the Central Bank of Nigeria (CBN) website. In its Market report, the investment firm stated that external reserves stood at US$35.62 billion last week, which is equivalent to 6.4 months of 2020 goods and services imports cover. However, adjusting for foreign portfolio Investment (FPI) holding of Open Market Operations bills…

In line with analysts’ expectations, Central Bank of Nigeria refinanced N167.81 billion worth of Treasury bills

Following chunks of profit-taking in the Bond Market, the fixed income closed mixed following bargain hunting

Amidst potential COVID-19 vaccine discovery, Naira remained unchanged at the Investors and Exporters Window

Experts have said that implementation of Retirement Savings Accounts (RSA) window will spur competition

The Federal Government has said that the Finance Bill 2020

Interbank money market rates remained subdued at sub-1%, even as financial system liquidity opened lower.

Equities investors took profit from the unprecedented market rally that occurred on Thursday leading