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News
The Central Bank of Nigeria (CBN) reduced the Treasury bills spot rate by 4 basis points to 17.66%, according to details from primary market auction results obtained by MarketForces Africa.
Oil prices increase further ahead of the U.S. election. Prices of crude oil have advanced in the global commodities market
FG to Address $1bn Losses on Spare Parts Importation The National Automotive Design and Development…
The benchmark yield on Nigerian government bonds retraced as asset managers, and local deposit money banks with surging liquidity parked their free cash into debt papers.
Fixed interest income investors increased their respective bets on Nigerian Treasury bills in the secondary market ahead of the midweek auction.
Money Market Rates Mixed on Excess Liquidity in Banking System Money market rates diverge amidst…
The value of the naira sank against the US dollar at Nigeria’s autonomous foreign exchange (FX) market as demand