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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 10-year U.S. dollar bond yield fell by six (6) basis points (bps) as global portfolio investors
The overnight lending and open repo rates eased due to surplus liquidity in the financial system
The spot rate on Nigerian Treasury bills with a 364-day tenor rose by 5 basis points to 15.90%
Money market funding rates inched higher amid rising liquidity in the financial system…
The Central Bank of Nigeria (CBN) is scheduled to offer N450 billion in Treasury bills
Nigeria’s Debt Management Office (DMO), on behalf of the Federal Government, is scheduled to offer reopened bonds