Financial Market

Providus Bank Opens N50bn Commercial Papers for Subscription

Providus Bank Opens N50bn Commercial Papers for Subscription Providus Bank Limited has opened up to N50 billion in commercial papers across two tenors for investors’...

CBN Rejects 53% of Nigerian Treasury Bills Auction Bids

CBN Rejects 53% of Nigerian Treasury Bills Auction Bids Due to robust demand for the naira assets, the Central Bank of Nigeria (CBN) rejected a...

Treasury Bills Yield Falls by 19bps after CBN Rejects Bids

Treasury Bills Yield Falls by 19bps after CBN Rejects Bids The average yield on Nigerian Treasury bills fell by 19 basis points in the secondary...

Money Market Rates Mixed as Banks Put Excess Cash with CBN

Money Market Rates Mixed as Banks Put Excess Cash with CBN The short-term benchmark interest rates diverged as deposit money banks with excess cash pumped...

MeCure Opens N9bn Commercial Papers for Subscription at 22.54%

MeCure Opens N9bn Commercial Papers for Subscription at 22.54% A leading human therapeutics company in the Nigerian pharmaceutical industry, MeCure Industries Plc, has opened a...

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