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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…
Nigeria Records N3.43trn as Trade Surplus in Q4 Nigeria recorded a trade surplus of N3.43…
Naira Skids as Foreign Investors US Dollar Demand Clouds Supply The Nigerian local currency, the…
OMO Bills Yield Falls as Banks, FPIs Boost Holdings The average yield on OMO bills…
CBN to Offer Treasury Bills Worth N550bn for Subscription The Central Bank of Nigeria (CBN)…
Due to a mixed trading outing, the average yield on Nigerian government bonds declined slightly in the secondary market to 18.46%.
FCMB Group Plc. lost 14.2% of its market value at the Nigerian Exchange, NGX, as investors’ exited positions in the banking stock amidst latest earnings forecast.
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