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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…
Equities Investors Lose N284bn as MTNN, Banks Stocks Fall The Nigerian Exchange, NGX, market capitalisation…
Universal Insurance Slides as Investors Exit Positions Universal Insurance Plc bumped as price stands at…
Veritas Kapital Sees Price Decline over Sell Pressure Assurance company Veritas Kapital Plc.’s market value…
Nigerian Bonds Yields Steady on Soft Demand The average yield on Nigerian government bonds was…
Naira Depreciates Despite CBN’s $112m FX Intervention The naira depreciated against the US dollar in…
U.S. Dollar Mixed as Euro Stabilises at 4-Month High The US dollar was mixed against…
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