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Nigeria’s Eurobonds sell-off as investors search in vain for policy clarity

Nigeria's benchmark Eurobond continued to sell off Thursday, with yields rising to…

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1 Min Read

Oil retreats, stock investors lose N1trn: Here’re five things to start your day

Oil plunges to $34 after Trump halts travel from Europe Oil plunged…

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5 Min Read

Updated: Bank of England Cuts Rates 50bps to 0.25% to Blunt Coronavirus Impact

The Bank of England has cut UK interest rates in an emergency…

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1 Min Read

Nigerians buy dollars to hedge uncertainty amid FG inaction

The currency of Africa’s top oil producer fell by 2 percent at…

7 Min Read

FG faces oil slump with all indicators worse than in 2008

Nigeria doesn’t have the buffers it did in 2008 to shrug off…

Yields on Nigeria Eurobonds climb by most on record 

Yields on Nigeria’s 2049 Eurobonds climbed 143 basis points to 10.18 percent…

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0 Min Read

Foreigners sell OMO bills but naira sees soft decline at I&E window

The yields on Nigerian OMO bills spiked to 17 percent at the…

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1 Min Read

Naira stands still in black market despite oil plunge

The naira bucked the trend of currencies of oil producers as it…

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0 Min Read
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