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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 Nigerian fixed-income market closed positive on Thursday as strong local demand for government borrowing
Nigerian Treasury bill yields declined across the short, belly, and long durations as the fixed income market continues to accumulate positions in naira assets.
The average yield on Nigerian Treasury bills traded in the secondary market declined by 4 basis points (4bps) as trading activity opened….
Banks’ activities at the Standing Deposit Facility (SDF) of the Central Bank of Nigeria (CBN) increased 60% to N4.15 trillion, according to market reports obtained by MarketForces Africa.
Nigeria’s foreign exchange market recorded one of its sharpest weekly declines in recent memory
The Nigerian Exchange (NGX) year-to-date return (YTD) climbed to about 57% as equities investors’
The average yield on Nigerian Treasury bills declined by 9 basis points in the secondary market
Money market rates closed on a mixed note last week as the Central Bank of Nigeria …
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