Nigerian markets await DMO April bond auction

Traders say they expect Nigeria’s bond market to remain relatively weak as offshore investors remain on the side-lines. To discuss this and other activities in Nigeria’s money markets, Bukky Aregbesola, Head of Fixed Income at Access Bank joins CNBC Africa.

Traders expect the Central Bank of Nigeria (CBN) to conduct an Open Market Operations (OMO) Auction this week due to anticipated inflows. To discuss this and for a focus on Nigeria’s money market, Nnamdi Nwizu, Co-Managing Partner at Comercio Partners joins CNBC Africa.

The Central Bank of Nigeria (CBN) sold 363 billion Naira in Thursday’s Open Market Operations (OMO) Auction out of N447 billion subscription. Nifemi Adeniyi – Team lead of liquidity Management at Access Bank joins CNBC Africa for a focus on Nigeria’s fixed income and Forex market.

Nigeria’s Debt Management Office will conduct its November bond auction today – Forex Trader at Access Bank, Ajoke Adepoju joins CNBC Africa to discuss what to expect.

As we await today's bond auction results. Currency Trader at UBA, Deinma Iyagba joins CNBC Africa to review trading activity.

The next James Bond will not be a woman, the movies producer said in an interview, as speculation mounts about who could replace Daniel Craig as the legendary 007.

Nigeria’s Debt Management Office says foreign investors cut their participation in Nigerian government bond auctions last year, buying just 4.39 of all bonds issued compared with 10.99 per cent bought in 2018. Ifueko Olotu, Team Lead, Treasury Coverage at Access Bank joins CNBC Africa for more.

Thanks to an innovative concept, a swivel pickup inspired by James Bond which allows musicians to swith styles and, therefore, use just one guitar instead of several, a small electric guitar company from the Allier region of France is taking the American market by storm. Rock bands Guns N'Roses and ZZ Top are already fans of Wild Customs guitars, which employs just five people.

Bankole Odusanya, Head of Fixed Income Trading at United Bank for Africa (UBA) joins CNBC Africa to discuss investors’ response to bond auction by Nigeria’s Debt Management Office.

DC residents join a global "teddy bear hunt" aimed at bonding communities despite the coronavirus confinement, by placing teddy bears in their windows for children and adults to spot during their rare outings outside.

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.

Germany's constitutional court has ruled that the European Central Bank's stimulus program partly contravenes German law, because neither the German government nor parliament signs off on the spending.