Macro Analysis /
Global

Nigerian Eurobonds are no longer benefitting from high oil prices

  • Forex: Cedi slump persists despite recent central bank hike

  • Fixed Income: Positive impact of high oil prices on Nigerian Eurobonds has broken down

  • Macroeconomic: Congestion at US ports could drive up global shipping prices

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
25 August 2022
Published byETM Analytics

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