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MarketNews
Debt Management Office (DMO) is scheduled to hold its monthly auction on June 22, targeting
Aradel Rises by 10% as Employees Mop up Shares Aradel Holdings PLC recorded a 10%…
Sell pressures initiated by equities investors knocked down the market value of VFD Group Plc by 10%, or N5.7 billion, on the Nigerian Exchange following its solid earnings growth.
The average yield on Nigerian bonds declined as investors sold down their holdings ahead of the Debt Management Office (DMO) primary market auction today.
Nigerian Treasury Bills Yield Surpassed 25% Ahead of Auction The average yield on Nigerian Treasury…
The Nigerian naira gained N26.62 against the US dollar in the official foreign exchange market as the Central Bank of Nigeria (CBN) strengthened the supply side. The local currency has seen an increase in demand in a market with low inflows across to satisfy an eligible requisitions.
The interbank rates sank deeply as the liquidity level in the financial system increased significantly week on week after inflows from Remita and Federal Government of Nigeria (FGN) bond coupon payments hit the system.