- Naira Falls to N1,360 as Interbank FX Turnover Dips by 57%
- FirstHoldco, Access, Drown NGX Index, Investors Lose N758bn
- UK Court Acquits Diezani Alison-Madueke of Bribery Charges
- CBN Hikes Interest Rates on Treasury Bills to 17.34%
- Bitcoin Slips as Bank of Japan Hikes Rates to 31-Year High
- Nigeria Eurobonds Yield Rises 8bps on Risk-Off Sentiment
- IMF: FG Dismisses Report on New Telecom, Fuel Taxes
- G7 leaders to Discuss Global Economic Recovery
Markets
The Central Bank of Nigeria (CBN) hiked rates on Nigerian Treasury bills on Wednesday, with one-year paper attracting most of the allotment.
The Nigerian Interbank Offered Rate (NIBOR), the benchmark interest rate for short-term, unsecured lending, rose as the Central Bank of Nigeria (CBN) monetary auctions triggered liquidity fluctuation in the money market last week.
Gold prices hovered around $5,000 per ounce threshold on Friday as global tensions shifted investors’ attentions towards safe-haven assets, while the US dollar lost its allure.
Debt Office to Auction N900 Billion Reopened FGN Bonds The Debt Management Office (DMO) has…
African Eurobond Bearish Amidst Elevated U.S Treasury Yields African Eurobonds traded on a mildly bearish…
CBN Sells N2.6tn OMO Bill to Investors at 19.39% for 245-Day The Central Bank of…
T-Bills Yield Falls on Enhanced Appetite for Naira Assets The average yield on Nigerian treasury…