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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
Ecobank Bags Digital Jurist ‘Best Web Portal’ Award Ecobank Nigeria has bagged the Phillips Consulting…
Treasury Bills Market Rally Ahead of CBN Midweek Auction The average yield nosedived as trading…
Prices of crude oil declined on Wednesday as markets await the official results of the United States (U.S) election.
Money market rates rose sharply due to a strained liquidity level after a huge OMO auction debit against the balance in the financial system. The Nigerian interbank offered rate (NIBOR) rose across all maturities, indicating tight liquidity in the banking system
The Nigerian naira appreciated in the official window as foreign reserves surged to approximately $40 billion
Bank of Industry Disburses N1bn to Business Owners in Ogun The Bank of Industry (BoI)…
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