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MarketNews
South African Rand (ZAR) weakened against trading pairs in the forex market on Thursday as global commodity prices fell amid a stronger US dollar.
The naira depreciated strongly against the US dollar in the Nigerian foreign exchange market (NFEM) on Wednesday as pressure on the local currency deepened.
The Central Bank of Nigeria (CBN) repriced the 364-day Treasury bill rate at the midweek auction to 15.89%, with total subscriptions exceeding N1 trillion.
Trading in Nigeria’s Open Market Operation (OMO) and Treasury bills segments was subdued in the secondary market
Excess Liquidity in Nigerian Banking System Hits N10trn Excess liquidity in the Nigerian banking system…
The Central Bank of Nigeria (CBN) raised N2.9 trillion from OMO bills at Tuesday’s primary market auction to mop up excess liquidity in the financial system.
The average yield on Nigerian Treasury bills (NTBs) moderated to 17.88% on sustained secondary market demand for the naira asset on Monday.
Interbank Rates Diverge as Banking System Liquidity Surplus Narrows Interbank rates diverged as surplus liquidity…
Nigeria has opened subscriptions for its November 2026 Federal Government Savings Bond offer, with annual interest rates of 13.250 per cent for the two-year bond and 14.250 per cent for the three-year bond.