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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
Foreign Investors Hunt Nigerian Top Banks with Attractive Valuations With improved confidence in Nigeria’s foreign…
BUA Foods Plc bolstered net income by 145.1% year on year to N274.946 billion in 2024 as the company sales increased significantly. In 12 months, BUA Foods revenue rose by more than 109% year on year to N1.526 trillion from N729.443 billion.
Stanbic IBTC Grows Profit by 43.7% in 2024 Stanbic IBTC Holdings Plc posted a 43.7%…
Nigerian Bonds Yield Climbs after First Auction The Nigerian bonds yield climbed as traders created…
CBN to Open N670bn Treasury Bills for Subscription The Central Bank of Nigeria (CBN) is…
The short-term benchmark interest rates tightened in the money market after a huge outflow relating to OMO auction conducted by the Central Bank of Nigeria (CBN) last week.