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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…
CBN Raises N2.07 Trillion via Treasury, OMO Bills Auctions The Central Bank of Nigeria (CBN)…
CBN ACTION: The amount of US dollar sold to authorised dealer banks via foreign exchange market auctions fell by about 30% month on month
The equities market capitalisation of the Nigerian Exchange (NGX) reduced by more than N118 billion week on week
U.S Dollar Rises as Jerome Powell Plans No Resignation The US dollar rose against its…
GCR Ratings has affirmed United Bank for Africa Plc’s long-term national and international scale ratings of AA+(NG)
Gov. Abba Yusuf of Kano State has presented a budget of N549 billion for 2025 fiscal year to the State House of Assembly for passage into law.
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