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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…
Dangote Cement Plc.’s market value plunged by 10% in the equities market to close at approximately N7.3 trillion on Friday
GTCO Rises to N2.15trn as Foreign Investors Take Positions The most valuable financial services company,…
Cadbury Nigeria Soars by 21% in Anticipation of Q1 Earnings Fast-moving consumer goods company Cadbury…
Interest Rates on Nigerian OMO Bills Rise by 3.28% As part of efforts to keep…
CBN Sells $1.3bn to Defend Naira, FX Reserves Hit 6-Month Low To keep the exchange…
CBN Hikes Interest Rates on OMO Bills to Keep Foreign Investors To keep foreign portfolio…
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