Nigeria’s fixed income and forex market review
By CNBC
30 June 2019 |
3:29 pm
Nigeria's May inflation figures grew by 11.40 per cent year-on-year from 11.37 per cent in April. Chioma Udu, Forex Dealer at GT Bank joins me to discuss this and other stories impacting Nigeria’s fixed income and forex market so far this week.
In this article
Related
18 Sep
Inflation is a word that viewers are likely now hearing almost every day. It's the term we use to talk about the cost of things that most of us regularly buy, like food and clothes, electricity bills, and the materials and resources used by businesses.
14 Sep
A slight increase in US consumer prices for the month of August has ignited fears of more Federal Reserve moves to curb inflation. An earlier drop in US markets had a knock-on effect on Asian marketplaces this Wednesday.
19 Sep
With political conflict escalating and inflation rising, Tunisians are pessimistic and strapped for cash. Many are considering leaving the country. Others are preparing to protest — again.
22 Sep
The US Federal Reserve has raised interest rates by 0.75 percent for the third time in a row, bringing America's borrowing costs to the highest level since 2008. Like other central banks, the Fed hopes to tame inflation, which is hovering near 40-year highs.
24 Sep
A government plan calls for a tax on Spain's "big fortunes" would help offset inflation relief measures to assist low and middle-income Spaniards.
9 Oct
At the head of a right-wing coalition, far-right Brothers of Italy leader Giorgia Meloni is gearing up to become Italy's new head of government. On the economic front, she'll be faced with rising consumer prices as well as the ongoing issue of national debt.
28 Sep
Inflation is a major concern in Germany, where the rate is currently at around 7.9%. Energy and food costs have risen sharply, and the winter months are approaching.
1 Oct
Rampant inflation and soaring energy costs have caused German consumer sentiment to drop according to new market research, with no indication just yet that inflation will improve soon.
29 Sep
Find these stories and much more when you grab a copy of The Guardian on Thursday.
2 Oct
Inflation in the eurozone reached 10% in September, the highest it has ever been in the history of the common European currency.
9 Oct
Inflation is a major concern in Germany, where the rate is currently at around 7.9%. Energy and food costs have risen sharply, and the winter months are approaching.
7 Oct
The decision by the OPEC+ oil cartel to lower global production to 2 million barrels per day starting in November has prompted the US to dip into its Strategic Petroleum Reserve to dampen prices. An upcoming price cap on Russian oil could also add more inflationary pressure if Moscow decides to respond by cutting supply to participating countries.
Latest
1 hour ago
Pope Francis starts a historic trip to Democratic Republic of Congo and South Sudan on Tuesday - two countries where protracted conflicts have displaced millions.
1 hour ago
Chelsea reportedly bid 120 million euros for Benfica's Enzo Fernandez in what would be break the record for the largest British transfer.
1 hour ago
Warsaw has announced "unprecedented" plans to ratchet up spending on its military and security following Russia's invasion of Ukraine. Poland is already among NATO's top spenders when adjusted for its GDP.
1 hour ago
The 1989 UN Convention on the Rights of the Child is a human rights treaty setting out the civil, political, economic, social, health and cultural rights of children. The nations that ratified it are bound to it by international law. One of them is Mozambique. But in fact, the country has developed into a major hub of child trafficking in southern Africa.
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Wednesday.
1 day ago
The International Monetary Fund has raised its forecasts for the global economy for 2023, stating that growth has been “surprisingly resilient". However, it also said the UK is likely to be the only leading economy to head into recession in 2023.