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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.
Yield Nears 26% as Selloffs Hit T-Bills Market after Rate Cut The average yield near…
Money market rates rose apiece as outflows relating to the Treasury auction sales by the Central Bank of Nigeria (CBN) on Wednesday dragged the liquidity balance in the financial system downward.
The Nigerian naira has continued to win this week against the US dollar doninance on an electronic trading platform—Bloomberg BMatch—introduced on Monday.
The Nigerian Exchange (NGX) lost N37 billion as investors sold their shares in Aradel Holdings, Access Bank Plc
The average yield on Nigeria’s Eurobonds declined as foreign investors and local banks continued to increase bets
The discount rate on Nigerian Treasury bills reduced in the primary market conducted by the Debt Management Office