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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
Naira Underperforms 2024 Bullish Predictions Naira exchange rate projections failed in 2024 on accounts of…
Foreign portfolio investors (FPIs) took profit on Nigeria’s sovereign Eurobonds in the international capital market ahead of inflation data for December 2024. Trading session ended bearish with sovereign bonds from Sub-Saharan Africa and North Africa experiencing a sell-off.
The discount rate on Nigerian Treasury bills with a 364-day tenor was slashed by 28 basis points at the primary market auction conducted by the Central Bank of Nigeria (CBN) yesterday.
Liquidity: Interbank Rates Decline in Absence of Funding Pressure In the money market, liquidity levels…
The average yield on Nigerian Treasury bills (NTB) declined a basis points to 25.5% ahead of primary market auction (PMA) on Wednesday.
Rates Decline as Investors Double Down on CBN OMO Bills Investors doubled down on OMO…