- Ethereum Price Surges, Tops $1.9k on Hegotá Upgrade Optimism
- DMO to Open N1.1trn in FGN Bonds for Subscriptions
- Nigerian Treasury Bills Yield Rises on Pre-Inflation Portfolio Reshuffles
- Bitcoin Climbs as UBS Boosts BTC ETFs Call Option 24x
- MTN Nigeria Slides as Investors Sell Interim Dividend
- Naira Approaches 2026 Estimated Fair Value as Rally Extends
- Airtel Africa Gains 178%, Analysts Differ on Target Price Ahead of IPO
- Money Market Rates Tighten as OMO, T-Bills Debits Drag Liquidity
MarketNews
Nigeria’s Debt Management Office (DMO) is set to offer N1.10 trillion worth of FGN bond maturities at the primary market auction on Monday.
The average yield on Nigerian government treasury bills increased as fixed-income market investors rebalanced their portfolios ahead of the inflation rate announcement.
Money market rates tightened amid a surplus of liquidity in the financial system, despite a significant outflow related to the settlement of auctioned OMOs and Treasury bills.
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