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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.
Money Market Rates Diverge as Banks Place N5.7trn in SDF Money market rates headed in…
Surplus Liquidity Keeps Money Market Rates Steady The short-term benchmark interest rates were steadied in…
Nigerian Treasury Bills Yield Falls by 20 bps to 17% Average yield on Nigerian Treasury…
Money Market Rates Steady, Banks Boost Deposit at SDF to N3.5trn The money market remained…
Benchmark Yield on Nigerian Bonds Falls to 15.76% The benchmark yield on Federal Government of…
Short-term Rates Diverge as Banks’ Placement at SDF Falls by 24% The short-term interest rates…