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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.
Nigeria’s foreign exchange market recorded one of its sharpest weekly declines in recent memory
The Nigerian Exchange (NGX) year-to-date return (YTD) climbed to about 57% as equities investors’
The average yield on Nigerian Treasury bills declined by 9 basis points in the secondary market
Money market rates closed on a mixed note last week as the Central Bank of Nigeria …
The FX spread, or the exchange rate gap between the naira spot rates in the official and informal segments
Trading in Nigerian government bonds was mostly bearish, with investors trimming positions