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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…
Nigerian Bonds Yields Slide as Investors ‘Get In’ Investors ramped up more bonds in the…
Banking Stocks Drive Intraday Momentum in Nigerian Bourse Banking stocks, including FBN Holdings, FCMB, and…
Access Bank Plc Receives AA/A1+ Issuer Ratings from GCR GCR Ratings has assigned national scale…
Interbank liquidity worsened further, sinking deeper into negative territory, highlighting the ongoing liquidity crunch in the financial system. Hence, money market rates were further pressured as banks faced a huge liquidity deficit totalling N1.58 trillion, up from N1.064 trillion the previous day.
CBN Hacks Rates on Treasury Bills as Inflation Falls Discount rates on Nigerian Treasury bills…
National Assembly Backs Recapitalisation of Federal Mortgage Bank The National Assembly says its support for…
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