- Nigerian Money Market Rates Dip as Liquidity Surges 35%
- Africa to Push for Greater Control of Critical Minerals at New York Summit
- Nigeria’s Latest Inflation Figure a Paradox of Conflicting Narratives
- NICA Seeks N2trn Credit Guarantee Fund to Unlock Nigeria’s Economy
- Nigeria Raises N7.62trn from Bonds in 8 Months
- Bitcoin Price Increases by $15k after U.S. Treasury Announcement
- Ethereum Price climbs to $2,450 on Spot ETF Inflow
- NGX Index, Return Tank as Investors Lose N2.1trn in 5 Days
MarketForces Insider
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The Central Bank of Nigeria (CBN) allotted OMO bills with 8 days expiration to eligible investors who participated in the open market operation on Monday.
The short-term benchmark interest rates mixed as a huge OMO bill debit strained liquidity conditions in the money market. The outflow pushed funding costs higher at the close of business on Thursday.
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Foreign Investors Bet on Nigerian Tops Stocks Foreign portfolio investors, FPIs, increase bets IN Nigerian…
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