Author: Marketforces Africa

The Debt Management Office (DMO), on Monday listed two Federal Government of Nigeria (FGN) savings

The Securities and Exchange Commission (SEC) says there is a need to delist the Naira from cryptocurrency

Vice-President Kashim Shettima who was scheduled to represent President Bola Tinubu at a Summit in Dallas, Texas

The Naira on Monday further appreciated at the official market, trading at N1,354.21 to the dollar.

The Apapa Command of the Nigeria Customs Service (NCS) generated N672.1 billion between January and

The Enugu Electricity Distribution Company (EEDC) has reduced electricity tariffs for their customers in the Band A

The Corporate Affairs Commission (CAC) and some Point of Sale (PoS) operators have agreed to protect

Mr Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), says the quickest way toward

Investors Get 21.50% Interest Rate on OMO Bills The spot rate on one year open market operations (OMO) bills sold to fixed interest securities investors and other market participants at the Central Bank of Nigeria (CBN) primary market auction cleared at 21.50%.according to auction results. The apex bank has started cutting bank rates on the monetary authority’s instrument, reversing the trend witnessed earlier in the year to drive FX inflows into the economy. The inflation rate has kept the interest yield on naira assets negative. Elevated yields in the fixed income market attracted foreign investors in Q1 as the CBN…

Equities investors lost about N500 billion at the start of the new week due to selling pressures on Airtel Africa, Stanbic IBTC …