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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
Telecommunications company MTN Nigeria Plc. has announced a plan to raise up to N50 billion from commercial paper sales in the local debt capital market.
US dollar inflows into the Nigerian autonomous foreign exchange (FX) market hit 5-month high in October, investment firms said quoting data from the FMDQ
Nigerian Treasury, OMO Bills Yields Rise Ahead of Auction The average yield on Nigerian Treasury…
The total assets of Nigeria’s top 5 banks surged by more than 55% year to date to settle at N146.34 trillion
The combined market value of Nigerian Tier-1 banks increased by more than N40 billion week on week, according to data tracked by MarketForces Africa.
The struggling naira weakened by N67 per the US dollar week on week amidst a new measure to drag out foreign currency