- XRP Price Declines to $1.12 on Forced Liquidations, US Fed Tone
- Oil Prices Inch Towards ‘Pre-War’ as Supply Risk Eases
- BTC, ETH, XRP Drag Crypto Market Cap Down to $2.15trn
- OPEC Estimates 23% Global Energy Demand Growth
- Nigeria’s Debt Office to Reopen N1.2trn Bonds for Subscription
- Excess Liquidity Expands by 37% as Banks Lock N5trn in SDF
- South African Rand Steady as SARB Hawkish Tone Softens
- Intel, Nvidia Drive Wall Street Rally, FTSE 100 Declines
MarketNews
Debt Management Office (DMO) is scheduled to hold its monthly auction on June 22, targeting
Investors who bought 364-day tenored Treasury bills at the Central Bank of Nigeria’s (CBN) primary market auction received a 50 basis point increase in the spot rate.
Fitch Affirms Bharti Airtel at ‘BBB-‘ With Stable Outlook Fitch Ratings has affirmed India-based Bharti…
Ecobank Opens London Stock Exchange to Celebrate Eurobond Issuance Ecobank Transnational Incorporated (ETI), parent of…
The US dollar rose against its major trading partners early Wednesday before a quiet data schedule for the remainder of the day that includes only weekly petroleum stocks data.
Trading activity in the secondary market for FGN bond stayed on a calmer note, causing the average yield to clip at 19.44%. With a widening inflation rate, the negative real return on Nigerian bond investment has increased to about 7%.
Treasury Bills Yield Eased to 24.29% Ahead of Auction The average yield on Nigerian Treasury…