Browsing: Cowry Asset

Nigeria’s $26bn Debt Request: Risky Gamble on Growth amid Fiscal Fragility –Cowry Asset Nigeria’s renewed external borrowing drive has continued…

Increased demand for Nigeria’s sovereign Eurobond dragged average yield downward in the international market, according to traders amidst double-digit

Funding rates edged up in the money market as most Nigerian deposit money banks continued their quest for liquidity to meet their funding obligations, Cowry

Ahead of the monetary policy committee meeting scheduled for the week, analysts at Cowry Asset …

Nigeria’s Debts Rise ₦19tn in 5-Year as FCY Loan Gulps ₦109bn in Q2
Gap between Nigeria’s Skyrocketing Debts, Infrastructure Bothers Nigerians
FG may run into difficulty servicing foreign debts
Actual external debt service payment April- June, 2020 printed ₦110 billion

Naira: Analysts Anticipate FX Convergence as CBN Boosts Liquidity. There have been moves by the Central Bank of Nigeria (CBN) to boost foreign exchange liquidity, and analysts have started projecting some sorts of convergence in rates.