Browsing: MarketForces Finance
Local investors increased their bets on Nigerian Treasury bills in the secondary market ahead of the Central Bank of Nigeria’s primary market auction schedule to hold on Wednesday.
The average yield on Nigeria’s sovereign Eurobonds yield has expanded near 10% base in the international market as inflation propelled riskoff sentiment triggered selloffs.
In Nigeria’s sovereign Eurobonds market, sell pressure across the short, mid, and long end of the yield curve nudged the average yield…
Interbank Rates Crash over Banks Excess Liquidity Interbank rates plunged significantly as pressure on the money market continued to ease…
Zenith Bank Profit Grows by 90.5% to N827 Billion Zenith Bank Plc profit has increased by 90.5% year on year…
Nigeria’s US Dollar Bonds Yield Rises to 9.60% over Selloffs Nigerian US dollar bonds yield rose slightly to 9.60% due…
The benchmark yield on Federal Government of Nigeria (FGN) bonds dipped slightly due to buying interest across…
Interbank rates declined sharply despite huge outflow relating to FX auction sales to authorised deposit money banks
The average yield on Nigerian government bonds climbed slightly to 19.3% in the secondary market due to thin trading activities that had bearish tone.
Airtel Africa Plc recorded a profit after tax of $79 million at the end of the first half of its financial year ended in Sept 2024 as a move to localized debts