Author: Marketforces Africa

Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed said the cost of finance …

Moody’s has today affirmed Ecobank Transnational Incorporated (ETI) ratings as the outlook shifted to negative …

The World Bank Group President, David Malpass has announced his intention to step down …

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has directed commercial banks

In reaction to inflation rate surge, Nigeria’s asset managers and bondholders switched trading mode from buying to selling of bonds

Amidst the ongoing crisis across the cities over the scarcity of new naira notes in circulation,

The Federal Executive Council (FEC) has approved $53.1 million and N2.1 billion as a local component ….

Exchange Rate Reform: Incoming President to Change CBN Governor The Naira debacle is expected to top the incoming Nigeria’s president agenda in what appears as, head or tail, a pro-market leader would assume the top seat in Abuja in June 2023. The Central Bank of Nigeria (CBN) has drawn bad blood due to its improperly implemented naira redesign policy that has thrown Nigerians into economic darkness in broad daylight. Godwin Emefiele, the CBN governor with a political interest has been accused of fighting back with the new naira notes policy after he failed to secure a ticket to forward his…

Due to selling pressures, the yield on Nigeria’s 30-year bonds rose to 15.26% with buckets of debt papers …

The average yield on Nigerian Treasury bills inched higher following sell pressures on short-dated