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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
With rapid daily gain, the naira extends its rally in the currency market as a flood of US dollar credits boosted liquidity level in the official window on Thursday. According to spot data from the FMDQ platform, the naira appreciated by 1.7% to N1,458.95 per US dollar
Geregu Power to Pay Shareholders N8.50/s in March Geregu Power Plc has announced that the…
Oil Prices Fall as U.S Fed Reserve Keeps Rate Untouch Oil prices slid in the…
The Nigerian Treasury bills market rallied as investors seeking to park their funds in the money market instruments positioned in naira assets. As a result, the average yield on Treasury bills retreated sharply amidst inflation concerns.
Naira Rises to N1,510 as CBN FX Code Boosts Market Confidence The naira appreciated to…
US Dollar Rises Ahead of FOMC Announcement The US dollar rose against its major trading…