Daily Archives: November 2, 2020

  • US dollar Eurobond yields now higher than Naira yields?

    The Naira yields of T-bills and Federal Government of  Nigeria (FGN) bond are lower than its US dollar Eurobonds. This is highly unusual. See more below. FX Last week, the foreign exchange rate markets closed essentially flat, with the Naira depreciating by 0.05% against the US dollar to N385.95/US$1 in the NAFEX market (also known …

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Year Ahead-Re-risking the financial system

Year Ahead 2020: Re-risking the financial system

Oil prices: In a global oil market threatened with over-supply, it appears that OPEC, and its ally Russia, are doing a good job of limiting production.