Nigerian foreign exchange and fixed income watch
Traders say they expect activity at the bond market to pick up today, on the back of the unmet bids at Wednesday's bond auction as well as the improvement in liquidity. Oluwatosin Ayanfalu, Fixed Income Broker at Zedcrest Capital joins CNBC Africa to review today’s trading at Nigeria’s fixed Income and Forex market.
UBA’s Bankole Odusanya breaks down Nigeria’s bond auction
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.
Here’s what to expect from Nigeria’s money market ahead of OMO Auction
The Central Bank of Nigeria (CBN) offered N330 billion across three maturities in an Open Market Operation (OMO) Auction. For a focus on activities shaping Nigeria’s fixed income and Forex market, Tunde Adama, Head of Trading at CITI Nigeria joins CNBC Africa.
Access Bank: Investor appetite in bond market remains soft
Traders say the pressure on funding rates is likely to increase in Nigeria’s money market as the market is not slated to receive any inflow today. Currently, investors’ appetite in the bonds market remains soft. To discuss the trends in Nigeria’s fixed income and Forex market, Bukky Aregbesola, Head of Fixed Income at Access Bank joins CNBC Africa for more.
CBN’s OMO auction triggers bearish treasury bills, what can markets expect?
Traders say the bearish treasury bills market was triggered by expectations of an Open Market Operations (OMO) auction later this week. To discuss this and other activities in Nigeria’s fixed income and forex market, Yinka Yomi-Tokosi, Leader of Asset and Liability Management at Access Bank (AC) joins CNBC Africa for more.
What to watch next week
Bloomberg's Jonathan Ferro sat down with TD’s Priya Misra, JPMorgan’s Oksana Aronov and Robert Tipp of PGIM Fixed Income to preview next weeks market moving events.
Nigeria’s fixed income and forex market review
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.
Nigeria's rising food prices push inflation higher in April
Nigeria's National Bureau of Statistics says consumer inflation increased by 11.37 per cent in April, which is higher when compared to the 11.25 per cent rise in March. Bankole Odusanya, Head of Fixed Income Trading at UBA joins CNBC Africa from the banking floor to discuss this and other stories impacting Nigeria’s fixed income and forex market.
CBN auctions N109bn Treasury bills
With only four trading days in Nigeria’s capital markets this week, Chuka Nwachukwu, Fixed Income Trader at UBA joins CNBC Africa to discuss activities at the fixed income and forex markets this week.
Traders await results of CBN’s N100bn bond auction
As traders await results of on Tuesday’s bond auction, Olawale Hamed a currency Trader at UBA joins CNBC Africa for a review of trade at Nigeria’s fixed income and forex market so far this week.