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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…
The interest rate offered to investors at the just concluded primary market auction (PMA) conducted by the Debt Management Office
Nigerian Breweries loss after tax has expanded by more than 161% year on year to about N150 billion …
The market value of Oando Energy Plc has crossed N1 trillion mark again due to the latest rally on the oil stock on the Nigerian Exchange trading platform. T
Interbank rates heated up due to sustained weakness in the liquidity balance in the financial markets.
Seplat Energy Plc market value increased by about 10% as the approval of the ExxonMobil deal boosted equities investors’ sentiments on the Nigerian Exchange (NGX) trading platform on Monday.
In the equities market, investors placed about N5.2 trillion as the combined market value or worth of the Nigerian top five banks …
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