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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…
Bitcoin Rises to $83 as Sell Pressures Ease Global cryptocurrency market capitalisation inched higher slightly…
Brent Hovers at $70 as U.S Sanctions Iran Oil Export Brent hovered at $70 per…
Naira Mixed as CBN Pumps US Dollars into FX Market The Nigerian local currency, the…
Access Bank’s Africa Trade Conference Ignites New Era of Intra-Africa Commerce Access Bank Plc has…
The Nigerian Exchange, NGX, market capitalisation soared after sell pressures with investors recording about N82 billion in capital appreciation. ON Thursday, equities market rebounded, halting a two-day losing streak, with 0.12% surge in key market performance indicators. The positive sentiment was fueled by bargain hunting in some recently depreciated medium and small-cap stocks.
Banking Stocks Drive Intraday Momentum in Equities Market Banking stocks are driving intraday momentum in…
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