The latest data from the DMO for Q1 2019 reinforces the impression that the FGN’s domestic debt service has settled on a plateau. The cost for the quarter was N34bn lower than in the year-earlier period and the burden over four quarters has started to stabilize. Interest paid on NTBs has eased as a result of externalization, and the cost overall due to a decline in borrowing costs.
We will then look at some of the key market movers early this week before providing you with the latest analysis of the top news events taking place in the global energy complex over the past few days. We hope you enjoy.
The FGN Bond market remained bullish with yields lower by c.7bps on the day as real money clients sought to re-invest coupon payments. Demand interests were focused on the mid to long end of the curve, where yields dropped by c.12bps.
The Nigerian Stock Exchange (NSE), in partnership with Sebeccly Cancer Care, provided free breast and cervical cancer screening, and prostate cancer screening for female and male participants respectively at the 2019 NSE Corporate Challenge which held on Saturday, July 6, 2019, at Muri-Okunola Park, Victoria Island, Lagos.
Micro, Small and Medium Enterprises (MSMEs) in Nigeria face a financing gap that restricts their economic prosperity. This report examines the prospects of capital markets solutions for MSMEs financing in Nigeria
The pay of corporate executives have always been strange alchemy of objective performance metrics, perceived organizational status and personal hubris. Trying to draw a straight line between a chief executive officer’s (CEO) remuneration and corporate performance is a difficult enterprise that tends to lead to frustration if not irritation