Can a US$ injection boost Nigerian markets?
Last week, it was announced that Nigeria will soon receive an inflow of some US$10.0bn to support the Naira in the foreign exchange markets. How would such an inflow affect Nigeria’s Eurobond, T-bill, FGN bond and equity markets? We believe that Nigeria’s US dollar and Naira-denominated markets are largely decoupled at the moment, and we …
Can a US$ injection boost Nigerian markets? Read More »
The impact of the CBN’s directive to banks to sell down part of their net long US dollar positions seemed Read more
How big was the rally in the NGX All-Share Index in January? The correct answer is 35.8%, but there is Read more
What is driving the price of Airtel Africa and what does this say about the parallel exchange rate?
If you make money out of a January rally, should you hang on for the full year, or should you Read more
