- XRP Price Prediction: Bullish Momentum Forms as Ripple Taps New Platforms
- XRP Stalls, Ripple Invests in Notabene as BitMEX Plans to Shut Down
- Nigeria Customs Service unveils MIS File Tracker
- Lagos Introduces Building Insurance Scheme
- Africa Must Control its Resources, Trade – Shettima
- NGX Urges Integrated African Capital Markets
- Monero Price Climbs after Monero Research Lab Updates FCMP+
- Bitcoin Dives on ETF Outflow, Russia’s State Duma Passed Crypto Law
MarketNews
Risk-off: Nigerian Eurobonds traded under selling pressure as higher U.S. Treasury yields and profit-taking weighed on investor sentiment in the international debt market.
The Nigerian fixed-income market closed positive on Thursday as strong local demand for government borrowing
Nigerian Treasury bill yields declined across the short, belly, and long durations as the fixed income market continues to accumulate positions in naira assets.
The Central Bank of Nigeria (CBN) floated a fresh OMO bill for subscription on Tuesday, aiming to raise N600 billion across three tenors.
The Central Bank of Nigeria (CBN) sold OMO bills worth N3.3 trillion across two major open market operations to tighten liquidity in the financial system, according to auctions that slowed last week.
Excess liquidity in the financial system, totalling N6.2 trillion, kept short-term money market rates steady as banks continue to place funds with the Central Bank.
The Central Bank of Nigeria (CBN) is scheduled to conduct the first Treasury Bill auction for the month on May 6, 2026, according to a financial market circular released.
The Nigerian Overnight Rate (NOFR) steadied as the banking system’s surplus liquidity narrowed following the settlement of the April bond auction.
Nigerian Overnight Financing Rate Steady on Liquidity Surplus The liquidity surplus in the financial system…
Subscribe to News
Get the latest sports news from Dmarketforces Africa about finance, business and tech.
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
