- NVIDIA Tokenised bStock Falls as Investors Chase US Yields
- Naira Spot Rate Appreciates to N1,343 Against US Dollar
- Digital Payments Vital to Financial Inclusion, Economic Growth – CBN
- Revenue Allocation: FG, States, LGs Share N3.007trn for July
- NPA Says 21 Ships to Berth at 3 Lagos Ports
- Banking Index Drags Nigerian Exchange, Investors Lose N545bn
- Dangote Refinery Secures $1 Billion Backing Ahead of Planned IPO
- South African Rand Weakens Ahead of Bonds Auction
Markets
The global equities market delivered mixed performance, with US stocks closing steady
Emerging Markets to Face Middle East War Repercussions – S&P S&P Global Ratings said its…
Risk-Off Sentiment Triggers Surge in Nigeria’s Bond Yields The Nigerian Federal Government (FGN) bonds market…
The latest X-Compliance Report released by the Nigerian Exchange Group (NGX Group) points to a deeper structural liquidity challenge in Nigeria’s equity market rather than a temporary, cyclical weakness.
The average yield on Nigerian OMO bills climbed to 21.1% in the secondary market, reflecting investors’ measured decisions to adjust their holdings in these short-term investment securities.
Inflows from expired OMO bills and from deposit money banks (DMBs)’ lodgments buoyed liquidity in the financial system, investment firms said in separate market updates.
The Debt Management Office (DMO) is set to open N800 billion worth of Federal Government of Nigeria (FGN) bonds for subscription on Monday.