- US, European Markets Dip on AI Concerns, Elevated Energy Costs
- Crude Oil Prices Decline on Renewed US-Iran Negotiations
- U.S. Dollar Index Slips Ahead of Key Economic Data
- 10-Year U.S. Treasury Yield Hovers Below 5%
- Nigeria Money Market Braces for ₦800bn Treasury Bills Auction
- Excess Liquidity in Banking System Rises to N6.94trn, Rates Mixed
- Fitch Affirms Ireland at ‘AA’ Rating with Stable Outlook
- DMO Raises N2trn from Bonds to Fund Nigeria’s Budget Deficit
Author: Marketforces Africa
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In the secondary market, bonds traders, and holders reacted negatively to a spike in short-term rates on Treasury bills.
Guinness Nigeria Plc’s market value has dropped by 10% to N100.538 billion on Thursday in the stock market
Tinubu Inaugurates Implementation Committee on Oronsaye Report President Bola Tinubu has inaugurated an 11-member committee to implement the approved recommendations of the Oronsaye report on the restructuring and rationalisation of government Parastatals, Agencies and Commissions. Sen. George Akume, Secretary to the Government of the Federation, represented the President at the inauguration. According to a statement by Mr Segun Imohiosen, Director of Information in the SGF office, on Thursday in Abuja, Akume is a member of the committee. Other members are Minister of Justice, Lateef Fagbemi; Budget and Economic Planning, Atiku Bagudu; Head of the Civil Service of the Federation, Dr…
Interbank Rates Spike as Banks Scramble for Liquidity
The average yield on Nigerian Treasury bills hit 18.3% in the secondary market
Buying interest in MTN Nigeria (Ticker: MTNN), Transcorp Power Plc (Ticker: TRANSPOWER) and Dangote Sugar Refinery
The naira sustained uptrend for the second day at the official window has reduced the gap between autonomous and parallel market rates
In a bid to boost start-up capital and place more resources at the disposal of aspiring young entrepreneurs in Nigeria
Burkina Faso government and the International Monetary Fund, IMF, have reached an agreement on economic policies
The global market prices of oil increased following a report that revealed a large drawdown
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