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MarketNews
Nigerian OMO bills auctioned by the Central Bank last week attracted N6.1 trillion from investors chasing double-digit returns on naira-denominated assets.
The average yield on Nigerian Treasury bills declined by 90 basis points (bps) in the secondary market as investors increased bets on naira assets, prompting sharp repricing.
The financial system liquidity increased as deposit money banks (DMBs) parked funds…
Gold price climbed to an all-time high of $3115 on Wednesday in the global commodities market amidst increase move into safe haven.
IMG Posts N1.6bn Profit for 2024 The Industrial and Medical Gases Nigeria (IMG) has recorded…
Fidson Healthcare Reports N5.78bn Profit for 2024 Fidson Healthcare has reported a profit of N5.78…
Cadbury Nigeria Records N22bn Loss for 2024 Cadbury Nigeria has recorded a N22.2 billion loss…
Nigeria’s Private Sector Sees Fastest Growth Since January 2024 Following Nigeria’s economic reforms, private sector…
The amount raised by the Central Bank of Nigeria (CBN) from the local Treasury bills (NTB) in the primary market auctions conducted in March rose by more than 95% as the authority became aggressive with liquidity mopped up.
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