- Investors Chase Nigerian OMO Bills with N6.1trn Subscription
- Nigerian Treasury Bills Yields Decline as Rates Hit 2026 Low
- SpaceX Tokenized bStocks Rises, Price Nears $150
- Money Market Liquidity Rises as Banks Boost SDF Placement
- Naira Softens as Interbank FX Turnover Slumps by 18%
- Kano Gov. Urges Northerners to Sustain Support for Tinubu’s Re-election
- I Understand Lagos Thoroughly, Best Candidate For 2027 -Hamzat
- Nigeria’s Foreign Reserves Inch Towards $55bn -CBN Data
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 Central Bank of Nigeria (CBN) mopped up about N3 trillion from open market operations
Nigeria Debt Management Office (DMO) raised N288 billion from a 10-year bond introduced at its September 2026 primary market auction at the spot rate of 16.79%.
The Debt Management Office (DMO) is scheduled to conduct its monthly Federal Government
The Central Bank of Nigeria (CBN) cut the spot rate on Nigerian Treasury bills with a 1-year tenor
Nigerian government has continued to reduce spot rates on short-term investment securities amid improved macroeconomic conditions.
Money market short-term funding rates ease on one side amid a bloated liquidity balance in the financial system. The overnight lending rate declined 3 basis points, but the repo rate remained unchanged at 22%.