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MarketNews
The Central Bank of Nigeria (CBN) allotted OMO bills to match the aggregate subscription from investors seeking high-yield naira assets at the primary market auction.
Nigerian deposit money banks (DMBs) placements at the Central Bank of Nigeria (CBN) Standing deposit Facility (SDF) window edged higher on midweek as the authority slowdown aggressive liquidity management action.
Excess liquidity in the Nigerian financial system surged about 33% after heavy OMO bill
NGX Dips Intraday as Investors Dump Banking Stocks The Nigerian stock market trading negatively during…
British Pound Pulls Back as U.K Inflation Eased to 2.8% British pound pulled back against…
Yield on Nigerian Treasury Bills Falls Ahead of Auction The average yield on Nigerian Treasury…
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…