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MarketNews
Interbank Rates Diverge as Financial System Liquidity Declines Interbank rates diverge as financial system liquidity reduced week on week to about N3.8 trillion amidst…
Exporters Lose $10m to NXP Integration –Association Association of West African Exporters and Maritime Professionals…
Equities investors saw more than N305 billion gain as Ticker: ACADEMY, CADBURY, and ETERNA among othes rallied on Friday due to improved investors’ appetite. The Nigerian Exchange (NGX) closed the week on a positive note, as key performance indicators climbed by 0.48% on Friday.
The short-term benchmark interest rates trended higher in the money market as banks faced liquidity constraints that kept funding rates elevated on the back of the settlement for the Nigerian Treasury bills (NTB) auction.
The Nigerian naira exchange rate dropped to N1,500 per U.S. dollar at the official currency market on Thursday, marking the fourth successive price depreciation due to FX liquidity shortfall.
Equities Investors Gain N65bn as Financial Stocks Rally Equities investors trading highs and lows in…
Interest Rate on 1-Year Treasury Bill Falls, Demand Hits N3.22T The discount rate on Nigerian…