- XRP Trades Soft as Ripple Urges Senate to Support Clarity Act
- Solana Slips after SBI Taps Network for Tokenised Japan Equity Fund
- Nigerian Stock Market Loses N32bn as Investors Exit Positions
- ADA Dips as Market Shifts, Cardano Foundation Takes Over Token2049
- Oil Prices Decline Amidst Imbalanced Global Demand, Supply
- Rand Firmer on Improved Investors’ Appetite for EM Currencies
- Bullish T-Bills Run Ahead as CBN Rejects Bids, Prices 1-Year Bill at 17.66%
- FG Boosts Global Authentication of Nigerian Passports
Financial Market
The Federal Government, through the Debt Management Office (DMO), has announced two savings bonds for subscription in July.
Investors’ whetted appetites dragged the average yield on Nigerian Treasury bills down by 15 basis points, according to a market update released by Afrinvest Securities Limited.
NG Treasury Bills Market Turns Green, Yield Dips Reflecting an improved investor sentiment, the Nigerian…
DMO Hikes Spot Rates on 7-Year, 10-Year FGN Bonds The Debt Management Office (DMO) raised…
The Nigerian government bondholders maintained hold on the naira assets, keeping the benchmark yield steadied. The average yield remained unchanged at 15.73% as the market shifted to a cautious mood.
The Central Bank of Nigeria (CBN) cut interest rates on Nigerian Treasury bills across the 182- and 364-day tenors at the midweek auction, according to details from the results release.
The average yield on Nigerian Treasury bills surged to 17.71% in the secondary market amid selloffs following a slowdown in the nation’s headline inflation rate in February 2026.