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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’s Bonds Yield Trend Raises Fresh Concerns The local bonds market saw limited activity with…
CBN Cuts Interest Rate on Treasury Bills Below 18% The Central Bank of Nigeria (CBN)…
Interbank Rates Climb on Financial System Liquidity Swings Money market rates increased moderately, reflecting a…
Oil Prices Slip to 6-Week Low, Brent Falls Below $70 Crude oil prices fell to…
Naira: Black Market Spot Rate below N1500 per US Dollar The naira has stabilised around…
FirstBank Relocates Head Office to Eko Atlantic FirstBank, the premier bank in West Africa and…
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