- XRP Dips as Wall Street Giant T. Rowe Price Launches XRP ETF
- South African Rand Softens as Markets Digest US Economic Data
- Abia, Investors Partner on $145m Solar Manufacturing Plant
- Earnings Surged as Subscribers Watch Netflix for 97 billion Hours
- Oil Prices Edge Higher Over Escalating US-Iran Conflict
- US, European, Asian Equities Mixed – Alphabet Compounds Sell Pressure
- Nigerian Treasury Bills Yields Soften as Investors Boost Positions
- Money Market Rates Mixed as System Liquidity Shrinks
Author: Julius Alagbe
Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.
Bonds Yield Rises to 14.5%, Treasury Bills Pops The fixed income market yield curve swings again as gilt-edge investors sold off a sizeable amount in their Federal Government of Nigeria (FGN) instruments – both bonds and Nigerian Treasury bills. In the secondary bond market, the values of plain vanilla FGN bonds were largely flattish, traders at Cowry Asset Management said in a market report. According to market analysts, fixed interest securities investors traded near the front end of the naira yield curve, with the 23 Feb 2028 and 17 Mar 2027 debt instrument yields rising by 0.31 and 0.18 percentage…
Ecobank Transnational Incorporated (ETI) has announced the repayment of its 5-year US$400 million…
In Nigeria, private sector activities have been noted to improve in October 2022 despite uncertainties
The average yields on naira denominated fixed income assets diverge as the local currency…
MTN Nigeria Plc.’s revenue jumped 20.71% year on year to N1.456 trillion from N1.206 trillion
Compare with what happened in 2016, Nigerian banks’ capitalisation would be fairly resilient to further naira depreciation
Pension Fund Administrators (PFAs) were top active investors in the Federal Government of Nigeria…
The average yield on Federal Government of Nigeria, FGN, bond instruments jerked up to 14.3%
It was a tough trading outing at the NASD over-the-counter (OTC) securities exchange market…
The Nigerian local currency, the naira, worsened further at Investor’s and Exporters’ foreign exchange
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
