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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
Access Bank’s Africa Trade Conference Ignites New Era of Intra-Africa Commerce Access Bank Plc has…
The Nigerian Exchange, NGX, market capitalisation soared after sell pressures with investors recording about N82 billion in capital appreciation. ON Thursday, equities market rebounded, halting a two-day losing streak, with 0.12% surge in key market performance indicators. The positive sentiment was fueled by bargain hunting in some recently depreciated medium and small-cap stocks.
Banking Stocks Drive Intraday Momentum in Equities Market Banking stocks are driving intraday momentum in…
$650m Notes: Moody’s Affirms Seplat’s Caa1 Corporate Family Rating Moody’s Ratings has affirmed the Caa1…
The benchmark yield on Nigerian government bonds climbed to 18.44% in the secondary market ahead of next inflation data.
Short-term Interest Rates Rise as Banking Deficit Soars The short-term benchmark interest rates soared in…