Spot rates across Nigerian Treasury bills tenored inched up strongly at the Central Bank of Nigeria (CBN) primary market auction on the back of inflation rate pressures.
Liquidity: Cash-Rich Nigerian Banks Influence 'Rate'
Amidst strained liquidity experienced in the financial system, some highly liquid Nigerian deposit money banks have raised rates on their short-term loans to peers, according to market analysts' note.
The bank in the category includes the sector's heavyweights in the Tier-1 capital category. MarketForces...
Fixed Income Market Trades Quiet as Naira Loses Weight
The Nigerian fixed income market trades cold and quiet on Wednesday as the local currency, the naira, continues free fall at the Investors' and exporters' foreign exchange window. The foreign exchange (FX) rate at the space has been worsening since last...
The average yield on fixed income instruments was mixed on Tuesday amidst expectation that Nigeria's
The average yield on fixed income market instruments diverge as the Nigerian naira crashed heavily
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