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MarketNews
With expectations of robust demand over the one-year tenor, the Central Bank of Nigeria
FCMB Earnings Growth in Q3 Raised Investors Expectations FCMB Group Plc demonstrated impressive financial resilience…
Yield on Nigerian Treasury Bills Rises to 25.4% The average yield on Nigerian Treasury bills…
Naira Skids Across FX Markets as CBN Intervention Slows The naira plunged across foreign exchange…
Naira Underperforms 2024 Bullish Predictions Naira exchange rate projections failed in 2024 on accounts of…
Foreign portfolio investors (FPIs) took profit on Nigeria’s sovereign Eurobonds in the international capital market ahead of inflation data for December 2024. Trading session ended bearish with sovereign bonds from Sub-Saharan Africa and North Africa experiencing a sell-off.
The discount rate on Nigerian Treasury bills with a 364-day tenor was slashed by 28 basis points at the primary market auction conducted by the Central Bank of Nigeria (CBN) yesterday.