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Markets
Trading activity in the Nigerian Treasury bills (NTB) secondary market was mildly positive…
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.
Equities investors gained about N53 billion on Friday as the Nigerian Exchange, NGX, recorded 32 risers, 17 decliners. Consequently, the All-Share Index rose by 0.09% to close at 99,925.88 points, with the year-to-date return of the index climbing to 33.64%.
The US dollar rose against its major trading partners early Friday, except for a decline versus the euro
Bulls stage comeback into the Nigerian Exchange (NGX), gaining N902 billion after two days bloodbath ….
The average yield climbed as the Central Bank of Nigeria (CBN) increased spot rates on Nigerian Treasury Bills auctioned …
The average yield on Nigerian Treasury bills increased by 11 basis points to 3.4% following selloffs ….