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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…
Egbin Power Reinforces Commitment to Safety as ISPON Certifies Employees Egbin Power has reinforced its…
The naira strengthened against the US dollar in the official foreign exchange (FX) market as the gross balance in Nigeria’s foreign reserves
Moniepoint Secures $110m Equity Finance to Boost Digital Payments Moniepoint Inc., a financial institution, has…
Nigeria’s US Dollar Bonds Yield Rises to 9.60% over Selloffs Nigerian US dollar bonds yield…
Interbank rates declined sharply despite huge outflow relating to FX auction sales to authorised deposit money banks
The Federal Government of Nigeria (FGN) is pressing for a $750 million loan from the World Bank.
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