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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…
Economic Uncertainties Temper Corporate Real Credit Growth With a struggling private sector, Nigeria’s macroeconomic dislocation…
MPC: CBN to Keep Interest Rate on Unchanged- Analysts The monetary policy committee (MPC) of…
Nigerian Exchange Shrinks as Equities Investors Lose N166bn The equities market capitalisation of the Nigerian…
Yield on Nigerian Treasury Bills Falls to 22% The average yield on Nigerian treasury bills…
The naira dived low against the dominant foreign currency, US dollar due to tight forex supply. The naira lost ₦2.88 to close at N1,512.58 in the official market on Monday as US dollar demand overshadow total amount of foreign currency in the supply bucket.
Nigeria’s Headline Inflation Rate Falls to 24.48% Nigeria’s headline inflation rate fell to 24.48% in…
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