Browsing: Finance
Exchange Rate Falls over High Demand for Dollar The naira exchange rate depreciated at the Central Bank foreign exchange market…
GTCO, Stanbic Buoy Banking Index, Investors Gain N1.7trn Positive price movements in GTCO and Stanbic IBTC buoyed the Nigerian Exchange…
Money market rates moved in mixed directions as liquidity level in the financial system declined following the debit for Nigerian Treasury bills (NTB) allotment to investors at the midweek auction.
Debt Office Reopens N800bn Local Bonds for Subscription The Debt Management Office (DMO), on behalf of the Federal Government, has…
The Central Bank of Nigeria (CBN) allotted OMO bills with 8 days expiration to eligible investors who participated in the open market operation on Monday.
Inflation Rate to Rise by 3.5% in January – AIICO Capital Nigeria’s headline inflation rate is projected to increase by…
The Central Bank of Nigeria (CBN) is expected to float an open market operation, where short-term investment securities, OMO bills, will be deployed to mop up excess liquidity in the financial system.
The Nigeria Revenue Service (NRS), formerly known as the Federal Inland Revenue Service (FIRS), broke its record revenue collection performance, posting N28.3 trillion to surpass the set target of N25.2 trillion for the year 2025.
Money market rates fell as deposit money banks (DMBs) stepped up cash lodgment at the Central Bank of Nigeria (CBN) Standing Deposit Facility (SDF) window, enhancing financial system liquidity.
CBN Cuts 1-Year Treasury Bill Rate by 138bps, Rejects Bids The Central Bank of Nigeria (CBN) cut the spot rate…