Disinflation Meets Supply Pressures Amid Global Uncertainty
Nigeria’s financial markets experienced divergent signals this week. Moderate disinflation and strong Treasury bill demand countered persistent selling pressure in FGN bonds and selective repricing. The Naira remained stable despite growing concerns over a substantial increase in upcoming bond supply. Global uncertainties, including rising US inflation and energy market volatility, further complicated the outlook, balancing domestic economic improvements against potential external headwinds.