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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…
Rates Heighten as Banks’ Borrowings from CBN Surge The short-term benchmark interest rates heightened as…
Naira Gains as Inflows from IOCs, Exporters Boost FX Liquidity The naira gained against the…
Investors Exit Position in Nigerian Treasury Bills Ahead of Inflation The average yield on Nigerian…
NCC Rallies Stakeholder Support to Protect Telecom Infrastructure The Nigerian Communications Commission (NCC) has reiterated…
Interbank Rates Cross 32% as Banks Ramp Up Borrowings Interbank rates surged sharply, trending above…
Federal Government to Revoke 1,000 Mining Licences- Alake The Minister of Solid Minerals Development, Dr…
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