Browsing: Banks

Nigerian Bonds Yields Steady on Soft Demand The average yield on Nigerian government bonds was relatively steady in the secondary…

Nigerian Exchange Drops by N476bn on Huge Executed Sell Orders The equities market capitalisation of the Nigerian Exchange, NGX, dropped…

The Central Bank of Nigeria (CBN) raised N1.68 trillion from OMO bills allotted to authorised participants—local deposit money banks and foreign portfolio investors—at the primary market auction on Thursday.

Nigeria’s Bonds Yield Trend Raises Fresh Concerns The local bonds market saw limited activity with most participants staying on the…

Money Market Rates Fall Sharply as Funding Pressures Ease Interbank rates fell as liquidity levels in the financial system increased…

Yield on Nigerian Bonds Drops as Investors Boost Holdings The benchmark yield on Nigerian bonds declined as due to buying…

Naira Exchange Rates Switch Positions in FX Markets Speculators in the Nigerian foreign exchange market are currently earning a negative…

Naira Rises to N1499, FX Supply Declines by 46% The naira rose against the US dollar in the foreign exchange…

Equities investors gained about N505 billion in the stock market as BUA Foods, Eterna Plc, and others recorded positive price movements. Data from the Nigerian Exchange showed year-to-date return advanced amidst a sharp decline in headline inflation.

Nigeria’s Foreign Reserves Fall by $2.04 Billion Nigeria’s foreign reserves plunged below by more than $2 billion from the beginning…