- CBN to Open N1trn Treasury Bills for Subscription on Wednesday
- MemeCore Price Rises 6.6% as Investors Speculate
- ‘Why Insurance Penetration is Low in Nigeria – NCRIB
- EU Parliament Approves EU-U.S. Trade Deal Legislation
- Federal Government Moves to Curb Rising Cooking Gas Prices
- Pi Network Climbs Ahead of Pi2Day, Mandatory Nodes Upgrade
- Nigerian Exchange Shrinks, Tier-1 Banks Drive N782bn Loss
- Nigeria’s Foreign Reserves Near $51bn, Highest Since Jan. 2009
Economy
The Central Bank of Nigeria (CBN) is set to auction N1 trillion in Nigerian Treasury bills…
Nigerian Equities Market Shrinks as Investors Lose N25bn The equities market capitalisation of the Nigerian…
Stanbic IBTC Adds Fixed Income Asset into Securities Lending Services Stanbic IBTC Bank Limited announces…
The Nigerian local currency, the naira, experienced a slight gain against the US dollar in the official FX market on Tuesday as Nigeria recorded additional foreign currency inflows into external reserves.
Interest Rate on Nigerian Treasury Bills Rises to 21.24%
Pension Fund Administrators (PFAs) parked 63% of pension assets in federal governPension Fund Administrators (PFAs) parked 63% of pension assets in federal government debt securities as assets under management climbed to N20.2 trillion in May.ment debt securities as assets under management climbed to N20.2 trillion in May.
The short-term benchmark interest rates in the money market declined in the absence of significant pressure on liquidity levels in the financial system. According to data from FMDQ, the repo rate declined by 14 basis points to 31.61% on Friday, while the overnight lending rate dipped by 15 basis points to 32.45%.