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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 money market saw a sharp increase in interbank rates at the start of the week, reversing a previous trend, as there were no notable inflows to improve the financial system’s liquidity balance.
The Central Bank of Nigeria (CBN) sold OMO bills worth N1.56 trillion to foreign portfolio investors (FPIs),
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Lafarge Africa Rises by 28% as Investors Target Acquisition Price Alpha seekers trading highs and…
Nigerian Exchange Rises by N423bn on Strong Bargain Hunting The equities market capitalisation of the…