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MarketNews
Fixed income market investors locked in yields on naira asset in the secondary market
Ahead of the Federal Reserve’s rate decision, foreign portfolio investors and asset managers dumped Nigerian US dollar
Nigerian Banking System Excess Liquidity Climbs to N7.31trn Keeping money…
Naira Skids Across FX Markets as CBN Intervention Slows The naira plunged across foreign exchange…
Naira Underperforms 2024 Bullish Predictions Naira exchange rate projections failed in 2024 on accounts of…
Foreign portfolio investors (FPIs) took profit on Nigeria’s sovereign Eurobonds in the international capital market ahead of inflation data for December 2024. Trading session ended bearish with sovereign bonds from Sub-Saharan Africa and North Africa experiencing a sell-off.
The discount rate on Nigerian Treasury bills with a 364-day tenor was slashed by 28 basis points at the primary market auction conducted by the Central Bank of Nigeria (CBN) yesterday.
Liquidity: Interbank Rates Decline in Absence of Funding Pressure In the money market, liquidity levels…
The average yield on Nigerian Treasury bills (NTB) declined a basis points to 25.5% ahead of primary market auction (PMA) on Wednesday.
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