Tag: Interest rates
Interest rate hike expected as food inflation feasts on household budgets
MON NOV 18 2024-theGBJournal| Naira volatility continues to complicate Nigeria’s economic landscape, adding uncertainty and challenges to the nation's financial stability.
Since the beginning of...
Swiss Perspective| Q3 2024 – Uncertainty looms
...Interest rate changes significantly shape returns and asset allocation strategies. Cuts in rates have historically benefited equity markets and certain sectors
By Rebecca Ellis
SAT OCT...
Treasury Bills yield expands 45bps to 25.1% as market reacts to...
SAT SEPT 28 2024-theGBJournal| The Treasury bills secondary market turned bearish this week, as the market reacted to the hike in the benchmark interest...
Central Bank of Nigeria unexpectedly hikes interest rates by 50bps to...
...The MPC faced the pivotal decision – either maintain current rates to allow previous hikes to fully impact the economy or continue rate increases...
The Big Picture| What the Fed Funds rate cuts means for...
...Last week the US Federal Reserve cut the upper level of its target funds rate by half a percentage point, from 5.5% to 5.0%....
Cordros Research projects CBN Monetary Policy Committee will keep policy rate...
...Cordros highlighted the dovish signals from the CBN coming off the apex bank’s adjustment of the asymmetric corridor to +500/-100bps around the MPR
FRI SEPT...
Big Picture| Naira interest rates too high?
TUE SEPT 10 2024-theGBJournal| August saw a big rally in the Federal Government of Nigeria (FGN) bond and Treasury bill (T-bill) markets, with average...
Yields rises 14bps to 19.8% as investors took profits off the...
THUR AUG 08 2024-theGBJournal| The Treasury bills secondary market traded with bullish sentiments Thursday, as the average yield contracted by 6bps to 26.0%.
Across the...
Central Bank of Nigeria raises interest rate by 50bps to 26.75%
...The Committee members also voted to adjust the asymmetric corridor to +500bps/-100bps (Previously: +100bps/-300bps),
...retain CRR for Deposit Money Banks at 45.0%, and Merchant Banks...
Analysis| CBN’s continued interest rate hikes: the driving forces and the...
WED MAY 22 2024-theGBJournal| Faced with a sharp naira slump since mid-April and 28-year high inflation of 33.69%, the MPC had little choice but...
