- CBN Cuts Rate on 364-Day Nigerian Treasury Bills, Rejects N2.4trn
- Iran Vows to Maintain Tighter Control Over Strait of Hormuz
- IMF Commends Zimbabwe’s Economic Resilience After Programme Review
- Afreximbank, Gebeya unveil $50,000 CANEX Create-thon for African creatives
- Nigerian Naira Softens as NFEM Interbank FX Turnover Plunges
- United Capital Microfinance Bank grows capital to N5.6bn
- Lagos Issuer Rating Upgraded as State’s Leverage Metrics Improve
- Equities Investors Lose N648bn as Bears Regain Control on NGX
MarketNews
The Central Bank of Nigeria (CBN) further chopped the discount rate on Nigerian Treasury bills
Interbank rates diverge on signs of improved liquidity in the financial system on Tuesday. Due to inflows from signature
Equities investors gained about N77 billion in the Nigerian stock market on Tuesday due to sustained bargain hunting in Stanbic IBTC, Aradel Holdings.
Nigerian Treasury Bills Yield Shrinks to 25.7% vs Inflation As demand for naira assets increased,…
Foreign portfolio investors (FPIs) trimmed interest in Nigeria’s Eurobonds as headline inflation surged to 34.60%
Nigeria’s 5-year bonds were priced higher by 14 basis points (bps) at the primary market auction (PMA) conducted by the Debt Management Office (DMO) on Wednesday.
Interbank rates eased in the money market following a moderate inflow and signature bonus that boosted the balance in the financial system at the beginning of the week. The market also received N9.52 billion in FGN coupon payments.