Category: Outlooks

  • Fixed Income Quarterly Report – Q1 2024

    Fixed Income Quarterly Report – Q1 2024

    The third quarter of 2023 has seen Nigeria battling mounting inflationary pressures. In August, an uptick of over 300 basis points from the end of Q2 2023 was observed, with inflation percentages soaring to 25.80%.

  • Q3 2023 Fixed Income Report & Q4 Outlook

    Q3 2023 Fixed Income Report & Q4 Outlook

    The third quarter of 2023 has seen Nigeria battling mounting inflationary pressures. In August, an uptick of over 300 basis points from the end of Q2 2023 was observed, with inflation percentages soaring to 25.80%.

  • Fixed Income Quarterly Overview for Q2 2023

    Fixed Income Quarterly Overview for Q2 2023

    Nigeria’s inflation increased to 22.41% in May, prompting the MPC to raise the MPR to 18.5%. The GDP growth rate declined to 2.31% in Q1 2023. The Nigerian FX reserve decreased, while interbank liquidity improved due to CRR debits and FAAC inflows. In the bond market, yields declined, and the DMO replaced certain papers. The…