Money market rates diverged on the back of movement in liquidity balance in the financial system. The short-term benchmark interest rates mixed after inflows from matured OMO bills and swap inflows lifted the liquidity balance.

Equities investors trading highs and lows on the Nigerian Exchange (NGX) platform gained more than N136 billion on Tuesday on health performance on sector indexes.

The naira reclaimed part of its lost exchange rate value in the official market as volume of US dollar volume transacted declined on the day. Spot data from the FMDQ platform showed the naira appreciated by 0.68%, closing at ₦1,678.93 per US dollar at the official market.

The Central Bank of Nigeria (CBN) has advised members of the public to be cautious of SWIFT Messages on foreign exchange remittances to their Nigerian bank accounts

The Debt Management Office (DMO) sold reopened FGN bonds at higher marginal rates amidst an accelerating headline inflation rate, according to details from its monthly primary market auction.

CBN Warns Against Fraudulent Contracts, Project Funding Claims The Central Bank of Nigeria (CBN) has…