- UK FCA Secures Money Back for Victims of Crypto Fraud
- GCR Upgrades Aradel Rating, Cites Improved Business, Financial Profile
- Naira Depreciates as Interbank FX Turnover Tumbles 78%
- Equities Investors Gain N299bn, Seplat Tops Value Chart
- XRP Price Declines Ahead of Evernorth Vote
- Bitcoin Drops Below $84K as Investors Take Profits
- South African Rand Trades Rangebound Against USD, EUR, GBP
- U.S. Yields, Oil Prices Set Tone for Global Equities Markets
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.
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.