- Investors Chase Nigerian OMO Bills with N6.1trn Subscription
- Nigerian Treasury Bills Yields Decline as Rates Hit 2026 Low
- SpaceX Tokenized bStocks Rises, Price Nears $150
- Money Market Liquidity Rises as Banks Boost SDF Placement
- Naira Softens as Interbank FX Turnover Slumps by 18%
- Kano Gov. Urges Northerners to Sustain Support for Tinubu’s Re-election
- I Understand Lagos Thoroughly, Best Candidate For 2027 -Hamzat
- Nigeria’s Foreign Reserves Inch Towards $55bn -CBN Data
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.
Banks’ activities at the Standing Deposit Facility (SDF) of the Central Bank of Nigeria (CBN) increased 60% to N4.15 trillion, according to market reports obtained by MarketForces Africa.
Nigeria’s foreign exchange market recorded one of its sharpest weekly declines in recent memory
The Nigerian Exchange (NGX) year-to-date return (YTD) climbed to about 57% as equities investors’
The average yield on Nigerian Treasury bills declined by 9 basis points in the secondary market
Money market rates closed on a mixed note last week as the Central Bank of Nigeria …
The FX spread, or the exchange rate gap between the naira spot rates in the official and informal segments