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- XRP Up as Volante Integrates Ripple into FedNow Payments
- FirstHoldco Falls by 7.2% after Femi Otedola Shares Accumulation
- Fidelity Bank Declines, Equities Analysts Set Target Price
- CBN Scheduled to Raise N700bn from Nigerian Treasury Bills
- Nigerian Money Market Rates Dip as Liquidity Surges 35%
- Africa to Push for Greater Control of Critical Minerals at New York Summit
MarketNews
With expectations of robust demand over the one-year tenor, the Central Bank of Nigeria
Access Holdings Plc has announced that its banking group’s, subsidiary, the Access Bank UK Limited has entered into a binding agreement to acquire a majority equity stake in Afrasia Bank Limited. In a statement, the group said Afrasia bank is Republic of Mauritius’ fourth largest bank by total assets.
Nigeria’s Eurobonds Yield Rises 7bps after U.S Inflation Jumps Average yield on Nigerian Eurobond rose…
The money market rates heated up further due to deficit balance in the financial system. The short-term benchmark rates continue to surge in the week after successive primary auction sales caused huge outflow in recent past week.
Nigerian Exchange Rises by N132bn as UBA, Zenith, Access Rally With about N132 billion gain,…
Benchmark Yield on Nigerian Bonds Dips as Demand Rises The average yield on Nigerian government…
The average yield on Nigerian Treasury bills dipped slightly in the secondary market due to increased demand for naira assets, restricted by tight liquidity which capped trading actions.