Browsing: Finance
Investors’ whetted appetites dragged the average yield on Nigerian Treasury bills down by 15 basis points, according to a market update released by Afrinvest Securities Limited.
NG Treasury Bills Market Turns Green, Yield Dips Reflecting an improved investor sentiment, the Nigerian (NG) Treasury bills market turned…
Nigeria’s 33 recapitalised deposit money banks (DMBs) sourced 72.5% of their combined capital injections locally over two years, the Apex Bank said in an official statement.
DMO Hikes Spot Rates on 7-Year, 10-Year FGN Bonds The Debt Management Office (DMO) raised N485.48 billion from its monthly…
The Nigerian government bondholders maintained hold on the naira assets, keeping the benchmark yield steadied. The average yield remained unchanged at 15.73% as the market shifted to a cautious mood.
The market value of Zenith Bank Plc.’s 41.069 billion outstanding shares increased by approximately 8%, reaching N4.569 trillion, following a rapid rally that aligned with broader market trends last week.
GTCO Plc has reached a market valuation of N4.513 trillion on the Nigerian stock market, amid significant gains by its main competitor, Zenith Bank.
The average yield on Nigerian Treasury bills surged to 17.71% in the secondary market amid selloffs following a slowdown in the nation’s headline inflation rate in February 2026.
The headline inflation rate is projected to settle at 13.48% year on year for February 2026, on account of the consumer price index (CPI) easing further amid the energy crisis. The market anticipates that the statistics office will release the February inflation figures this week.
The Nigerian Eurobonds segment ended negatively, with average yields rising 4bps to 7.25%, reflecting reduced demand and cautious sentiment among global investors.
