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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…
Bonds Rally as Investors Capitalise on Real Return Ahead of Auction The Nigerian bonds market…
Naira Rallies as CBN Defends Local Currency with $66m Exchange rates improved across foreign exchange…
Dangote Sugar Soars by 15% as Board Plans Earnings Release Dangote Sugar Refinery Plc.’s market…
Abbey Mortgage Bank Rises by 16% Amidst Transition Plan Abbey Mortgage Bank Plc gained investors’…
Geregu Power Stuck at 52-week High Ahead of Dividend Payment With two shareholders controlling more…
Oando Falls, Trades at 40% Discount as Investors Exit Positions Oando Plc fell sharply, losing…
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