- NGX to Introduce Volume-Based Price Rules in Major Market Reform
- FX Spread Surges as Naira Depreciates Across FX Markets
- U.S. Consumer Momentum Slows as Inflation Squeezes Incomes
- Burundi Economy Improves, Inflation Sinks to 8.6% from 45% – IMF
- United Nations Urges Africa to Boost Domestic Funding
- US Dollar Hits 1-Year High on US Fed Hawkish Rates Bets
- Nigerian Exchange Sheds N2.18trn as Dangote Companies Dip
- XRP Price Dips 6.2% on U.S. Federal Reserve Rates Hike Bets
MarketNews
The Central Bank of Nigeria (CBN) hiked rates on Nigerian Treasury bills on Wednesday, with one-year paper attracting most of the allotment.
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The money market saw a sharp increase in interbank rates at the start of the week, reversing a previous trend, as there were no notable inflows to improve the financial system’s liquidity balance.
The Central Bank of Nigeria (CBN) sold OMO bills worth N1.56 trillion to foreign portfolio investors (FPIs),
Interbank Rates Slow as Remita, FAAC Credits Boost Liquidity Interbank rates slowed down, trended around…
Nigeria’s Eurobonds Yield Sinks to 9% as Demand Heats Up The average yield sank significantly…
Lafarge Africa Rises by 28% as Investors Target Acquisition Price Alpha seekers trading highs and…