Year: 2024

The average yield on the Nigerian U.S. dollar bond advanced slightly due to offshore investors that were repositioning

The average yield on Federal Government of Nigeria (FGN) bonds saw a marginal increase in the secondary market over soft sell pressure, resulting in a slight uptick in the average yield to 19.75%.

The spot interest rate on the Nigerian Treasury bill was adjusted upward by 10 basis points (bps) at the primary market auction sales on Friday. MarketForces Africa reported that the Central Bank of Nigeria (CBN), through the Debt Management Office (CBN), auctioned N332.53 billion to investors.

Derivative, Contractors Inflows Ease Pressure on Interbank Rates Interbank rates eased in the money market as derivatives, contractors, and other…

Sokoto: Ahmad Aliyu Signs N526.9bn Budget into Law Gov. Ahmad Aliyu of Sokoto State on Saturday signed the state’s 2025…

Innovation Key to Commodities Development – SEC The Securities and Exchange Commission (SEC) says it is committed to promoting innovation…

Equities Investors See N609 billion Gain on Nigerian Exchange Equities investors on the Nigerian Exchange (NGX) trading platform gained about…

Naira Rises to N1534 as CBN Keeps Supply Side Robust

The oil market recorded a weekly gain due to demand optimism following signals that Chinese imports would increase at the same time U.S. dollar index limit upside. 

Debt: MTN Gets Approval to Disconnect Exchange Telecommunications The Nigerian Communications Commission (NCC) has approved the disconnection of Exchange Telecommunications…