Browsing: Chapel Hill Denham
Interbank funding rates dropped to single digits today as funding pressures eased substantially, thanks to open market operations (OMO) maturities totaling N180.6 billion that hit the system.
Parallel Market Rate Breaks Resistance as USD Exchange for ₦480 Naira depreciates further in the foreign exchange market Tuesday traded…
Price Instability Threatens CBN’s Single Digit Inflation Target:Persistent rise in average prices of goods is putting pressure on household income, couple with the fact that unemployment rate is at worst level since 2010.Analysts have again projected that the dust is yet
Market Temperature Rises as CBN Floats OMO Auction Again The money market records retail foreign exchange auction pressure on funding…
Lafarge WAPCO: Investment Firm Sets 12-month Price Target at ₦26. Chapel Hill Denham, a strongly rated investment firm, has handed a rather bullish recommendation on Lafarge WAPCO stocks as it advice investors to buy.
Money Market: Inter-bank Rates Moderated on Robust Liquidity Inter-bank rates moderated further in the money market on Monday on the…
Cadbury: Analysts Downgrade Stock to Hold after Disappointing Earnings
Some Policies of CBN Could Worsen Macroeconomic Imbalances – Analysts. Chapel Hill Denham’s analyst, Omotola Abimbola, has said in a note that some of the Central Bank of Nigeria’s policies could worsen macroeconomic imbalances.
Analysts Bullish on Banks with Strong Digital Channels, Domestic Loans. Chapel Hill Denham has expressed interest in Nigerian Banks with strong digital footprint, a well-diversified loans book and sizeable foreign currency position.
Bond Auction: DMO Sets to Offer ₦130 Billion across Four Tenors The Nigeria’s Debt Management Office (DMO) is set to conduct first bond auction on Wednesday with ₦130 billion offer across four tenors.