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MarketNews
Risk-off: Nigerian Eurobonds traded under selling pressure as higher U.S. Treasury yields and profit-taking weighed on investor sentiment in the international debt market.
The Federal Government says Nigeria’s debt profile has been exaggerated, insisting borrowings under …
The naira experienced a soft rally that pushed the local currency value upward slight….
The financial system was flush with cash, strong enough to keep money market rates stable, supported by FAAC
The Federal Government of Nigeria (FGN), through the Debt Management Office ….
The fixed income market recorded a rush for Nigerian treasury bills on Thursday, following the monetary authority’s rejection of 60% of total subscriptions at the main auction on Wednesday.
Money market rates were mixed as financial system liquidity shrank following the Central Bank of Nigeria’s (CBN) aggressive sterilisation of funds.