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MarketNews
Nigerian OMO bills auctioned by the Central Bank last week attracted N6.1 trillion from investors chasing double-digit returns on naira-denominated assets.
The average yield on Nigerian Treasury bills declined by 90 basis points (bps) in the secondary market as investors increased bets on naira assets, prompting sharp repricing.
The financial system liquidity increased as deposit money banks (DMBs) parked funds…
The spot rate on 364-day tenor Nigerian Treasury bills has been slashed further at the primary market auction conducted by the monetray authority on Wednesday.
In the equities market of the Nigerian Exchange (NGX), the insurance index led the sectoral performance as investors shifted attention to key players ahead of the fourth quarter earnings season.
Interbank Rates Climb as Liquidity Deficit Expands Interbank rates climbed further in the money market,…
The naira appreciated at the Nigerian autonomous foreign exchange market (NAFEM) as demand pressures
Equities investors saw more than N60 billion gain on Tuesday as oil and telecom stocks rallied. Reversing the downturn recorded at the beginning of the week,
Rising Trade Tensions May Affect Global Chemical Demand Growth –Fitch Rising trade tension risks could…
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