Excess Liquidity in Banking System Soars 37% Ahead of OMO Debit Excess liquidity in the banking system increased by 37% amidst significant OMO bill sales to investors by the Central Bank of Nigeria (CBN) on Tuesday. In an effort to keep market liquidity in check,…
The U.S. and European market performances were stifled by weak risk-asset bets amid elevated oil prices and rising yields on debt instruments.
The President, Chartered Institute of Directors Nigeria (CIoD), Mr Adetunji Oyebanji, says Nigeria
Tinubu Pledges Policy Stability as Ogun Attracts $7bn Investment President Bola Tinubu has assured domestic and foreign investors of regulatory…
The Central Bank of Nigeria (CBN)’s biggest signal is not the policy rate cut, according to analysts at AAG Capital Limited
Oyedele Seeks Affordable Capital to Bridge Africa’s Infrastructure Gap The Minister of Finance and Coordinating Minister of the Economy,…
The Central Bank of Nigeria (CBN) is anticipated to keep the benchmark interest rate at 26.5% at the policy committee
MarketForces Africa| The Nigerian Exchange Ltd. (NGX) recorded a total turnover of 3.249 billion.
Financial Inclusion Must Translate to Stronger Household, Business Resilience – CBN The Governor of the Central Bank of Nigeria (CBN)…
Nigerian OMO bills auctioned by the Central Bank last week attracted N6.1 trillion from investors chasing double-digit returns on naira-denominated assets.
The average yield on Nigerian Treasury bills declined by 90 basis points (bps) in the secondary market as investors increased bets on naira assets, prompting sharp repricing.
The Nigerian Exchange (NGX) lost about N426 billion on Wednesday, as key indicators closed bearish for the second consecutive session.
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INSURANCE
The National Insurance Commission (NAICOM) says the recently concluded recapitalisation exercise raised the Nigerian insurance industry’s total capital to N1.079 trillion.
