Nigeria’s 32-month curve inversion is nearing its end. Lock in 2034–2037 FGN bonds near 17% before the curve turns flat in Q2-2027 and upward-sloping by late 2027.

Elections don’t set the market’s direction; macro shocks do. Since 1999 the ASI has fallen before a poll only when the vote met an external shock, made worse in 2014 and 2018 by a…

MPR resets to 23%, a calibrated move to align the policy rate with market rates.

MDU Capital’s MZM fair-value estimate for the naira is ₦984.7 already below 1,000 and ~29% below the ₦1,385 parallel market s A re-rating toward this trend would place USD/NGN…