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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…
DMO Priced Down Rate on Nigerian Bond as Auction Underperforms The Debt Management Office, DMO,…
In the money market, the short term benchmark interest rates declined due to strong inflows that reduce liquidity pressures in the banking system. Hence, the Nigerian Interbank Offered R
Interbank Rates Diverge as Bonds Inflows Reduce Banking Deficit The interbank rates or the short-term…
Zenith Bank Climbs by 5% to N1.967 Trillion Zenith Bank Plc climbed by 5.04% in…
GTCO Rises by 6.53% to N2.116 Trillion Guaranty Trust Holding Company (GTCO) Plc. attracted investors’…
FCMB Jumps as Investors Price 42.5m Block Trade FCMB Group Plc saw about 6% increase…
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