Tag: Interest rates

...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...

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...

...The MPC faced the pivotal decision – either maintain current rates to allow previous hikes to fully impact the economy or continue rate increases...

...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 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...

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...

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...

...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...

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...

TUE MAY 21 2024-theGBJournal| The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) on Tuesday raised benchmark interest rate by 150 basis point...