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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
Banking Stocks Selloffs Drive Intraday Loss in Equities Market The Nigerian Exchange, NGX Equities market…
LCCI, CFTC Partner for 137th Canton Fair The Lagos Chamber of Commerce and Industry (LCCI)…
Nigeria Turns Down Bids over Excess Demand for Local Bonds The Debt Management Office, DMO,…
Crude Oil Prices Increase as U.S Sanctions Iran Crude oil prices increase as U.S. sanctions…
Short-term Interest Rates Rise over Banking Deficit Challenges The short-term benchmark interest rates rose slightly…
Naira Trades Mixed as Official Rate Exceeds Black Market Quote The naira appreciated faster in…