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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.
Liquidity: Cash-Rich Banks Chase 24.5% SDF Rate at CBN Window The short-term benchmark interest rates…
FTSE Russell to Upgrade Nigeria to Frontier Market Status Two years after de-ranking, FTSE Russell…
Nigerian Treasury Bills Yield Dips, Excess Liquidity Fuels Rally The average yield on Nigerian government…
CBN Turns Down 97% of N4.1 Trillion OMO Bills Subscription The Central Bank of Nigeria…
Interbank Rates Diverge as Liquidity Surplus Settles at N6.12trn Interbank rates diverged as money market…
OMO Bills Attracts N4.1 Trillion Subscription from Investors Foreign portfolio investors and Nigerian deposit money…