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- Naira Tumbles as Interbank FX Turnover Drops by 43%
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MarketForces Finance
Nigeria Eurobonds Yield Climbs as Inflation Shifts Sentiment Nigeria’s Eurobond prices declined in the international market as foreign portfolio investors and other holders offloaded…
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.
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.
Nigeria’s US Dollar Bonds Yield Rises to 9.60% over Selloffs Nigerian US dollar bonds yield…
The benchmark yield on Federal Government of Nigeria (FGN) bonds dipped slightly due to buying interest across…
Interbank rates declined sharply despite huge outflow relating to FX auction sales to authorised deposit money banks
The average yield on Nigerian government bonds climbed slightly to 19.3% in the secondary market due to thin trading activities that had bearish tone.
Airtel Africa Plc recorded a profit after tax of $79 million at the end of the first half of its financial year ended in Sept 2024 as a move to localized debts
Naira Rises as Nigeria’s US Dollar Reserves Hit 27-Month High The naira rose against the…