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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.
The Lagos State Government is planning to issue a ₦200 billion bond for investor subscription under the ₦1 trillion
The Central Bank of Nigeria (CBN) has reduced its spot rate on 364-day (1-year) Treasury bill
The Central Bank of Nigeria (CBN) conducted an open market operation, allocating about N3.31 trillion
The Central Bank of Nigeria (CBN) is scheduled to conduct its first Treasury Bills auction of the quarter on Wednesday, aiming to raise N900 billion across maturities.
Money market funding costs moderated as liquidity in the financial system liqudity topped N5 trillion
The Nigerian sovereign Eurobonds yield spiked 47 basis points (bps) as the international debt market …