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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 average yield on Nigerian Treasury bills declined by 90 basis points (bps) in the secondary market as investors increased bets on naira assets, prompting sharp repricing.
The financial system liquidity increased as deposit money banks (DMBs) parked funds…
Bitcoin Races Near $92,000 on ‘Existing Euphoria’ Bitcoin price is racing near $92,000 level on…
Deposit money banks borrowed about N1.8 trillion from the Central Bank of Nigeria’s (CBN) standing lending facility (SLF) window to support liquidity requirements, according to updates from the Broadtsreet.
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…
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