6th July 2023 Africa Markets Roundup

Markets % Change YTD (%) NGX ASI 61,523.81 1.33% 20.04% Brent Crude Oil 76.70 0.6% -11.08% Natural Gas 2.71 -0.04% -33.90% I&E FX Window 742.31 3.40% -65.68% Parallel Market 775.67 -0.28% -4.82% Nigerian Treasury Bill (Average Yield %) 6.18% -0.02% 0.82% FGN Bonds (Average Yield %) 13.17 0.10% 11.42% Gold 1,920.67 -0.22% 5.87% Cocoa 3,341.00 1.06% 28.21%
5th July 2023 Africa Markets Roundup

Markets % Change YTD (%) NGX ASI 60,715.04 -1.99% 18.47% Brent Crude Oil 76.07 1.90% -11.45% Natural Gas 2.75 1.62% -32.93% I&E FX Window 768.44 -3.63% -71.51% Parallel Market 765.67 0.95% -3.47% Nigerian Treasury Bill (Average Yield %) 6.20% -0.01% 1.14% FGN Bonds (Average Yield %) 13.07 -0.09% 10.58% Gold 1,928.10 0.35% 6.28% Cocoa 3,306.00 -0.54% 26.87%
4th July 2023 Africa Markets Roundup

Markets % Change YTD (%) NGX ASI 61,949.24 1.61% 20.87% Brent Crude Oil 74.86 -0.73% -12.86% Natural Gas 2.70 -3.68% -34.15% I&E FX Window 741.5 3.61% -65.49% Parallel Market 773.00 0.04% -4.46% Nigerian Treasury Bill (Average Yield %) 6.21% 0.00% 1.46% FGN Bonds (Average Yield %) 13.16 -0.01% 11.34% Gold 1,921.66 0.60% 5.92% Cocoa 3,306.00 -0.54% 26.87%
30th June 2023 Africa Markets Roundup

Markets % Change YTD (%) NGX ASI 60,109.41 – 17.28% Brent Crude Oil 74.69 0.95% -13.06% Natural Gas 2.74 2.59% -33.17% I&E FX Window 763.00 – -70.29% Parallel Market 773.50 – -4.53% Nigerian Treasury Bill (Average Yield %) 6.21% – 1.46% FGN Bonds (Average Yield %) 13.82 – 16.92% Gold 1,910.76 0.17% 5.32% Cocoa 3,253.00 -0.15% 24.84%
23rd June 2023 Africa Markets Roundup

Markets % Change YTD (%) NGX ASI 59,211.26 -0.19% 15.53% Brent Crude Oil 74.02 -4.02% -13.38% Natural Gas 2.60 0.23% -36.59% I&E FX Window 763.13 -3.23% -70.77% Parallel Market 766.67 -0.88% -3.60% Nigerian Treasury Bill (Average Yield %) 6.46% 0.00% 5.3 8% FGN Bonds (Average Yield %) 14.05 -0.07% 18.87% Gold 1,915.44 -0.87% 5.58% Cocoa 3,128.00 -0.82% 20.04%
16th June 2023 Africa Markets Roundup

Markets % Change YTD (%) NGX ASI 59,195.21 -1.32% 15.50% Brent Crude Oil 75.90 3.69% -11.65% Natural Gas 2.56 9.35% -37.56% I&E FX Window 702.19 -15.08% -56.72% Parallel Market 755.00 0.98% -2.03% Nigerian Treasury Bill (Average Yield %) 5.93% -0.01% -3.26% FGN Bonds (Average Yield %) 14.13 0.03% 19.54% Gold 1,958.03 0.76% 7.93% Cocoa 3,226.00 1.16% 23.80%
9th June 2023 Africa Markets Roundup

Markets % Change YTD (%) NGX ASI 55,956.59 -0.12% 9.18% Brent Crude Oil 74.53 -3.14% -13.25% Natural Gas 2.28 -1.98% -44.39% I&E FX Window 469.50 -0.58% -4.79% Parallel Market 760.56 0.15% -2.78% Nigerian Treasury Bill (Average Yield %) 6.15% -0.01% 0.33% FGN Bonds (Average Yield %) 14.11 0.01% 15.40% Gold 1,966.25 1.37% 8.38% Cocoa 3,159.00 1.84% 21.23%
2nd June 2023 Africa Market Roundup

TGIF. This weekend gives us all time to rest, reflect, and reenergise. The journey to Nigeria’s greatness may seem far, but it can be hastened by faster and great politics and policy decisions. So, today, I thought to share with you a summary of my thoughts on the book written about the reforms that started in India 1991 – Why Growth Matters. Markets % Change YTD (%) NGX ASI 55,808.25 0.07% 8.89% Brent Crude Oil 72.46 -0.19% -15.66% Natural Gas 2.17 -4.28% -47.07% I&E FX Window 464.67 -0.04% -3.71% Parallel Market 757.50 -0.60% -2.36% Nigerian Treasury Bill (Average Yield %) 5.83% -1.01% -4.89% FGN Bonds (Average Yield %) 14.26 -0.01% 20.26% Gold 1,973.82 0.60% 8.80% Cocoa 3,008.00 0.10% 15.43%
30th May 2023 Africa Markets Roundup

Markets % Change YTD (%) NGX ASI 52,973.88 – 3.36% Brent Crude Oil 76.63 -0.42% -10.80% Natural Gas 2.35 -2.65% -42.68% I&E FX Window 464.51 – -3.67% Parallel Market 768 0.13% -3.68% Nigerian Treasury Bill (Average Yield %) 6.95% – 13.08% FGN Bonds (Average Yield %) 14.33 – 21.24% Gold 1,946.53 0.03% 7.29% Cocoa 2,991.00 -0.86% 14.78%
29th May 2023 Africa Markets Roundup

Markets % Change YTD (%) NGX ASI 52,973.88 0.29% 3.36% Brent Crude Oil 76.95 0.90% -10.43% Natural Gas 2.42 -2.38% -40.98% I&E FX Window 464.51 0.11% -3.67% Parallel Market 769 -3.22% -3.92% Nigerian Treasury Bill (Average Yield %) 6.95% -0.04% 13.08% FGN Bonds (Average Yield %) 14.33 0.00% 21.24% Gold 1,945.93 0.29% 7.26% Cocoa 2,991.00 -0.86% 14.78%