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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…
Naira Rises as CBN Influences Rates Direction with $107m The naira gained across foreign exchange…
Nigerian Exchange Shrinks as Equities Investors Lose N215bn The Nigerian Exchange, NGX, shrank by more…
Nigeria’s economy, as measured by gross domestic product (GDP), grew by 3.84% year on year in the fourth quarter of 2024, data released by the statistics office revealed. Real GDP surged by 42 basis points from 3.46% year on year growth posted in the third quarter of 2024, the National Bureau of Statistics (NBS) reported.
Banking Stocks Selloffs Drive Intraday Loss in Equities Market The Nigerian Exchange, NGX Equities market…
LCCI, CFTC Partner for 137th Canton Fair The Lagos Chamber of Commerce and Industry (LCCI)…
Nigeria Turns Down Bids over Excess Demand for Local Bonds The Debt Management Office, DMO,…
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