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MarketNews
The Central Bank of Nigeria (CBN) floated an OMO bill auction totalling N600 billion across three tenors on Tuesday amidst excess liquidity in the financial system.
The average yield on Nigerian Treasury Bills (NTB) declined to 25.6% due to selective buying interest witnessed across the curve in the secondary market.
Interbank Rates Ease on Tight Banking System Liquidity A huge liquidity deficit in the financial…
Equities investors combined wealth rose by N152 billion as bargain hunting lifted the Nigerian Exchange (NGX) All Share Index. On Thursday, the equities market sustained its positive momentum as key performance indicators rose by 0.25% apiece.
CBN Sells $28.5m to Banks to Boost FX Liquidity The Central Bank of Nigeria (CBN)…
The spot rate on 364-day tenor Nigerian Treasury bills has been slashed further at the primary market auction conducted by the monetray authority on Wednesday.
In the equities market of the Nigerian Exchange (NGX), the insurance index led the sectoral performance as investors shifted attention to key players ahead of the fourth quarter earnings season.