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MarketForces Finance
The naira destiny has been successfully tied to hot money equation – high interest rate can only broing foreign capital
NGX Drops as Investors Dump Shares in Big Banks The Nigerian Exchange (NGX) All-Share Index…
The average yield on Nigerian Treasury bills declined to 17.04% in the secondary market due to sustained positioning in the naira curve.
For the fifth trading session, the naira declined against the US dollar amid tightening liquidity, driven by the Apex Bank’s efforts to prevent the local currency from gaining momentum.
DMO Offers 15.74% on 2033, 2034 Reopened Bonds Nigeria’s Debt Office has priced local bonds…
Nigerian Exchange (NGX) market capitalisation inched near N126 trillion on Monday, as equities investors gained more than N791 billion in an ongoing bargain hunting.
The Central Bank of Nigeria (CBN) is expected to float an open market operation, where short-term investment securities, OMO bills, will be deployed to mop up excess liquidity in the financial system.