- OMO Debit Drains Money Market Liquidity, Overnight Rate Dips
- Naira Falls as Interbank FX Turnover Dips 52% on Reduced Deal Count
- XRP Dives to Technical Battleground as Grayscale’s GXRP Trust Selloff
- Monetary Policy Focused on Price Stability in 2025 – CBN
- Nigeria’s Domestic Economy Expanded by 3.87% in 2025 – CBN
- Federalism: NIIA Chief Advocates Power Rebalance In Nigeria
- GCR Assigns Odu’a Investment Company AA-/A1+Ratings
- NSITF Records 85% Contribution Target at Mid-Year
Author: Marketforces Africa
MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.
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 …
The naira strengthened by 3.3% to close at N1,354.21 per US dollar at Nigeria’s autonomous foreign exchange market
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has pledged the country’s commitment to break all entry barriers…
The Federal Government says it has not received any proposal for the establishment of a foreign military base in the country.
The Niger State Government says it generated more than N7. 03 billion as Internally Generated Revenue (IGR) between January and March 2024.
The Governor of the Central Bank of Nigeria (CBN), says monitoring and evaluation of development projects
Oil prices climbed early on Monday as market reacted to unsuccessful cease-fire attempts in Gaza amidst
The Office of the African Union Chairperson’s Youth Envoy and Google on Monday, announced the
The Ibadan Electricity Distribution Company (IBEDC) has begun the implementation of a downward review