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MarketNews
The Central Bank of Nigeria (CBN) allotted OMO bills to match the aggregate subscription from investors seeking high-yield naira assets at the primary market auction.
Nigerian deposit money banks (DMBs) placements at the Central Bank of Nigeria (CBN) Standing deposit Facility (SDF) window edged higher on midweek as the authority slowdown aggressive liquidity management action.
Excess liquidity in the Nigerian financial system surged about 33% after heavy OMO bill
Nigeria’s FX Reserves Drop by $3bn, Hit 6-Month Low Tracking below $38 billion, Nigeria’s foreign…
Yield on Nigerian Bonds Falls to 19% Ahead Q2 Supply The Nigerian fixed income market…
Short-term Benchmark Interest Rates Soar as Liquidity Fluctuates The short-term benchmark interest rates rose as…
Ecobank Rallies Ahead of First Quarter Earnings Release Ecobank Transnational Incorporation (Ticker: ETI) rallied in…
CBN Reduces Nigerian Treasury Bills Offer after Under Allotment The Central Bank of Nigeria (CBN)…
Taking the top seat as the largest single shareholder, Femi Otedola, First Holdco chairman, has raised his direct interest in the group by 4121% in 12 months to 1.689 billion units, according to audited financial statements released. Indirect shares credited to Otedola also increased by about 28% to 2.543 billion units.