The spot interest rate on the Nigerian Treasury bill was adjusted upward by 10 basis points (bps) at the primary market auction sales on Friday. MarketForces Africa reported that the Central Bank of Nigeria (CBN), through the Debt Management Office (CBN), auctioned N332.53 billion to investors.

Derivative, Contractors Inflows Ease Pressure on Interbank Rates Interbank rates eased in the money market…

Abuja Chamber Advocates Business-friendly 2025 Budget The Abuja Chamber of Commerce and Industry (ACCI) has…

CBN to Offer N332bn Treasury Bills for Subscription on Friday The Central Bank of Nigeria…

The Nigerian Exchange has size-by-size stocks for investors. It is easy to find where ones belong. There are stocks that are priced to take out low-profile investors from potential intrusion—influential shareholders and perhaps some others with significant influence hate it when a moneybag tries to intrude. Did you see how Tony Elumelu doubled down bets on Transcorp Plc when Femi Otedola made a move?

Nigeria Treasury Bills Yield Steadies Ahead of Auction The average yield on Nigerian Treasury bills…