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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
The Nigerian Exchange has size-by-size stocks for investors. It is easy to find where ones belong. There are stocks that are priced to take out low-profile investors from potential intrusion—influential shareholders and perhaps some others with significant influence hate it when a moneybag tries to intrude. Did you see how Tony Elumelu doubled down bets on Transcorp Plc when Femi Otedola made a move?
Nigeria Treasury Bills Yield Steadies Ahead of Auction The average yield on Nigerian Treasury bills…
CBN Defends Naira, Sells Dollars to Banks 4 Times The Central Bank of Nigeria (CBN)…
Interbank rates soared in the money market on the back of an extended liquidity deficit pattern in the banking sector. The short-term benchmark interest rates settled at double digits high due to a liquidity shortfall in the money market last week.
Sell Down: Dangote Sugar Trades at 64% Discount to 52-Week Despite the Santa Claus rally…
NAHCO Gains 22% as Earnings Expectation Boosts Investors Sentiment Nigerian Aviation Handling Company, NAHCO Plc’s…