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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…
Transactions on NGX Fall by 16% as FPIs Exit Positions Total transactions conducted on the…
NLNG Dividend, Derivation Fund, TBills Inflow Drag Rates Below 27% Inflows from matured investment securities,…
Yield on US 10-Year Treasury Note Falls to 4.2% US 10-year Treasury note yield fell…
In March, naira (NGN) rates worsened against the US dollar (USD) across the foreign exchange markets despite significant FX interventions in the official and parallel markets. The naira lost 3%, though the Central Bank of Nigeria (CBN) pumped more than $1 billion official window to oil the forex market inflows.
Equities Investors Gain N438bn as Banks Earnings Boost Sentiment The Nigerian Exchange (NGX) expanded by…
IMF Review: Kenya Faces Heighten External Financial Risk –Fitch The cancellation of Kenya’s ninth and…
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