The Nigerian Treasury bills (NTB) yield declined by 9 basis points as investors ramped up bills in the secondary market to compensate for lost bids at the central bank primary market auction.

The average yield on Federal Government of Nigerian (FGN) bonds declined below 15% amidst an expectation of a further rise in headline inflation.

Short-term benchmark interest rates spiked above 20% market as local deposit money banks with sizeable funding obligations are seeking liquidity to shore up their positions.

The Nigerian Navy says its Forward Operating Base (FOB), IGBOKODA, in Ondo State, hasi n the early hours of Thursday apprehended a 77-meter-long Motor Tanker (MT) VINNALARIS 1 LAGOS involved in crude oil theft.

The Industrial Training Fund (ITF) has distributed various startup packs to no fewer than 527 participants in Enugu

Marketforeces Africa: Trading activities on equity market of the Nigerian Exchange Ltd. (NGX)