Nigerian Treasury Bills Yield Dips to 25.6% Before Auction
The average yield on Nigerian Treasury bills dipped to 25.6 in the secondary market ahead of midweek auction.
Traders said the Treasury bills market experienced moderate interest in the 04 December 2025 paper and some long-dated OMO papers.
However, market participants remained cautious...
Riskoff Sentiment Provokes Nigeria’s Eurobonds Yields Surge
Riskoff sentiment provoked a spike in Nigeria’s Eurobonds yield ahead of U.S consumer price index data release. The latest selloffs in the market reversed previous trend just after Nigeria issued U.S dollar bonds worth $2.2 billion.
Unmet bids from the oversubscribed, high priced sovereign...
FCMB Targets N32 billion as Profit in Q1-2025
FCMB Plc has revealed a forecast that show the group is targeting N32 billion as profit for the first quarter of 2025, according to an official filing.
The diversified banking group said in its earnings forecast that revenue will come handy at N226.927...
Nigeria’s Eurobonds Yield Sinks to 9% as Demand Heats Up
The average yield sank significantly as foreign portfolio investors (FPIs) rushed Nigeria’s Eurobonds after the country made a new visit to international capital market.
The increased demand for Nigeria’s notes in the secondary market was spurred by an unmet demand from...
Interest Rate Falls as Investors Bet N2T on OMO Bills
The discount rate on Nigerian OMO bills fell to 22.98% at the primary market auction (PMA) in the just concluded week as investors parked more than N2 trillion into monetary instruments.
Foreign portfolio investors (FPIs) and some local deposit money banks...
Yield Nears 26% as Selloffs Hit T-Bills Market after Rate Cut
The average yield near 26% as investors in the secondary market trimmed their treasury bills holdings after spot rate on one year bills was slashed by 57 basis points at the midweek auction conducted by the Central Bank of...
DMO Offers 2 Savings Bonds in December
The Debt Management Office (DMO), has offered two Federal Government of Nigeria (FGN) savings bonds for subscription in December.
The DMO said on Monday that the first offer was a two-year FGN savings bond due in Dec. 11, 2026, at interest rate of 17.483...
December Presents Ongoing Opportunities for Investors -CEO
December is likely to provide compelling opportunities for investors to continue putting new money into the market, says the CEO of one of the world's largest independent financial advisory and asset management organizations.
deVere Group's Nigel Green's bullish analysis is driven by recent stock...
Foreign Investors’ Appetite for Nigeria’s OMO Bills Increase
Due to better rate, foreign portfolio investors (FPIs) brought significant amount of hard currency to Nigeria’s OMO auction in November, amidst plan to boost their return.
The appetite for the naira assets has increased amidst reforms, economic growth despite discoloration from other key...
FCMB to Divest interest in Subsidiaries, Raise Additional Capital
FCMB Group Plc has called emergency meeting with its shareholders to obtain approval to increase and raise additional capital.
In a notice, the group told the Nigerian Exchange about plan to hold Extraordinary General Meeting of the shareholders virtually on December 19th,...
