Browsing: Markets
NASD: Deepening Nigeria’s Short-Term Capital Market Over the past year, the NASD OTC Securities Exchange has steadily evolved into a…
The average yield on Nigerian Treasury bills (NTB) dipped to 18.18% amidst subdued trading activities in the secondary market
Aradel, Stanbic Drive NGX Index Up Amid FirstHoldco Selloff The Nigerian Exchange (NGX) recorded a thin gain at the beginning…
CBN Allots N2.1 Trillion OMO Bills to Banks, FPIs at 17.25% The Central Bank of Nigeria (CBN) sold N2.1 trillion…
The short-term benchmark interest rates mixed as a huge OMO bill debit strained liquidity conditions in the money market. The outflow pushed funding costs higher at the close of business on Thursday.
CBN OMO Bills Auction Attracts N5.9 trillion in Subscription The Central Bank of Nigeria (CBN) open market operation (OMO bills)…
Money Market Liquidity Hits N6trn as CBN Refuses OMO Bids The liquidity level in the financial system surged to N6.12…
The Nigerian Interbank Offered Rate (NIBOR), the benchmark interest rate for short-term, unsecured lending, rose as the Central Bank of Nigeria (CBN) monetary auctions triggered liquidity fluctuation in the money market last week.
Gold prices hovered around $5,000 per ounce threshold on Friday as global tensions shifted investors’ attentions towards safe-haven assets, while the US dollar lost its allure.
Debt Office to Auction N900 Billion Reopened FGN Bonds The Debt Management Office (DMO) has announced a plan to auction…