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MarketNews
The Central Bank of Nigeria (CBN) allotted OMO bills to match the aggregate subscription from investors seeking high-yield naira assets at the primary market auction.
Nigerian deposit money banks (DMBs) placements at the Central Bank of Nigeria (CBN) Standing deposit Facility (SDF) window edged higher on midweek as the authority slowdown aggressive liquidity management action.
Excess liquidity in the Nigerian financial system surged about 33% after heavy OMO bill
Transcorp Power Shareholders to Get N3.50 Final Dividend Transcorp Power Plc shareholders have approved a…
Oil Prices Rebound Amidst Demand Concerns Oil prices rebound in the global commodities market amidst…
Yield on Nigerian Treasury Bills Falls to 20% As demand increased, the average yield on…
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.