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Investor confidence returns to Nigerian markets

Investor confidence is slowly returning to the Nigerian markets as April inflation continues to decline.

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Traders say Nigeria’s April bond auction may not hold on the back of Nigeria's 14-day lockdown but adds that the Debt Management Office would keep paying this month’s coupons. Bankole Odusanya, Head of Fixed Income trading at UBA joins CNBC Africa for this discussion.
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Financial Derivatives say they expect a 0.69 per cent rise in Nigeria’s headline inflation to 12.95 per cent year-on-year this April. Damilola Akinbami, Head of Research at Financial Derivatives joins CNBC Africa to breakdown their inflation expectations.
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