- CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria
- Oil Prices Jump on Heightened Supply Risk, Brent Tops $114
- XRP Selloff Slows as Ripple Supports SEC Crypto Asset Framework
- Global Equities Markets Tank on AI Sustainability, Financing Fears
- Transcorp Power Posts N83bn Profit in Q3, Boosts Margin
- NCDC Identifies Bundibugyo Strain in Abuja Ebola Case
- SK Hynix Postpones Plan to Take Solidigm Public
- Nvidia Tokenized Stock Dips as Market Cap Falls to $5.12trn
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
Money market rates rose apiece as outflows relating to the Treasury auction sales by the Central Bank of Nigeria (CBN) on Wednesday dragged the liquidity balance in the financial system downward.
The Nigerian naira has continued to win this week against the US dollar doninance on an electronic trading platform—Bloomberg BMatch—introduced on Monday.
The Nigerian Exchange (NGX) lost N37 billion as investors sold their shares in Aradel Holdings, Access Bank Plc
The average yield on Nigeria’s Eurobonds declined as foreign investors and local banks continued to increase bets
The discount rate on Nigerian Treasury bills reduced in the primary market conducted by the Debt Management Office
Seplat Energy Gains N400/share in Fresh Rally Investors raised heavy bets on Seplat Energy Plc…
Editors Picks
Subscribe to News
Get latest news from MarketForces Africa...
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
