Author: Marketforces Africa

The Nigerian Communications Commission (NCC), has warned the public against a new high-risk

Minister of State at the Ministry of Finance, Hon. Charles Adu Boahen says investor concerns

Average yields across the fixed income market segments were flattish on Friday after the Central Bank

The US dollar was stronger against its major trading partners early Friday ahead

In commemoration of the 2022 International Day of Education, Nigeria’s telecom provider

The Central Bank of Nigeria (CBN) has announced a downward review of charges for electronic banking

A healthy sales growth in the financial year 2021 has helped Unilever Nigeria

The House of Representatives has set up a 14-man committee to investigate the quantity of fuel

The Federal Open Market Committee (FOMC) suggested increases in the federal funds rate

Treasury Yield Bumps as CBN Auction N129 Bln Bills The average yield on Nigerian Treasury bills falls five basis points midweek as Central Bank auctioned N129 billion bills at the primary market. Rising headline inflation rate amidst low-interest rate environment has widened negative real return on financial instruments. To keep exposure lower amidst uncertainties, analysts are predicting that fixed income investors would trade cautiously ahead of an election year. In the money market, there was healthy liquidity in the financial system, strong enough to curtail funding pressures. Due to this, the average interbank rate remains relatively steady. Data from the…