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Economy
Wall Street came under pressure as US equities sold off amidst earnings releases…
African Eurobonds Issuers’ Yields Ease in Fresh Rally The average yield on Nigerian Eurobonds declined…
Risk-Off Sentiment Triggers Surge in Nigeria’s Bond Yields The Nigerian Federal Government (FGN) bonds market…
The Central Bank of Nigeria (CBN) hiked the discount rate on Nigerian Treasury bills with 364-day maturity by 83 basis points to 16.73% at the main auction conducted on Wednesday.
The average yield on Federal Government of Nigeria (FGN) bond dipped to 15.4% in the secondary market, as investors actively seek real returns in the naira curve.
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.