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MarketNews
Money market rates tightened amid a surplus of liquidity in the financial system, despite a significant outflow related to the settlement of auctioned OMOs and Treasury bills.
The Central Bank of Nigeria (CBN) turned down more than N2.4 trillion in investors’ money as total subscription at the open market operation topped N4.6 trillion, according to auction results reviewed by MarketForces Africa.
CBN Lifts Restrictions on Banks’ Access to FX, Govt. Securities…
Nigerian Exchange Shrinks as Equities Investors Lose N21bn The Nigerian Exchange (NGX) All-share index shrank…
Nigeria’s Eurobonds Yield Rises to 11.7% over Sell Pressure Nigeria’s foreign costs of borrowing spiked…
Nigerian Bonds Yield Nears 19% Ahead of Supply, Inflation The average yield on Nigerian government…
Nigerian Treasury Bills Closed at 21% Ahead of Inflation Ahead of March inflation data, the…
Interbank Rates Rise as Financial System Liquidity Moderates Interbank rates rose as market-funded FX purchases…
With less than zero shareholders fund, telecommunication company MTN Nigeria Plc has been projected to return to profitability
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