Browsing: Financial Market
Investors reacted negatively, trimmed their Nigerian treasury bills (NTB) holdings in the secondary market following successive spot rates cut at the Central Bank of Nigeria’s (CBN) primary market auction last week.
To promote trade and foster economic growth in Africa, the International Finance Corp. (IFC) announced trade finance
Investors Get 21.50% Interest Rate on OMO Bills The spot rate on one year open market operations (OMO) bills sold…
Yield on Nigerian TBills Slides to 16.05% -MarketNews The average yield on Nigerian Treasury bills declined marginally as the market…
In the hot midday trading session, the Nigerian local currency, the Naira, spirals downward
In the secondary market, there was strong sell-side trade on Nigerian Treasury bills as the local currency, the naira, lost its shine on Monday. The yield curve shifted upward in reaction to Nigeria’s market conditions.
Foreign portfolio investors (FPIs) in the international debt market scaled back on Nigeria’s sovereign
There was an increase in US dollar flows from foreign portfolio investors into the market following the Central Bank of Nigeria’s
Due to strong buying interest, Nigeria’s sovereign Eurobond yield has dipped below 10%, according to an investment
The Enhancing Financial Innovation and Access (EFInA) says the percentage of adults who use