Browsing: Banks
Naira Depreciates N1,454 as FX Demand Eclipses Market Supply The transaction value of the naira depreciated against the US dollar…
Naira Sees Soft Rebound as FX Liquidity Remains Tight The naira experienced a soft value recovery against the US dollar…
The naira lost ₦5.60 per US dollar transaction at the Nigerian foreign exchange market to close at ₦1,448.0304 as demand pressures linger.
Nigeria Eurobonds Rally as $1.1bn Notes Expire Next Week Nigeria’s Eurobonds traded positively in the international market amidst rising demand…
The Central Bank of Nigeria (CBN) intervened in the forex market as a surge in foreign currency demand put pressures on the local currency….
Short-term Rates Diverge as Banks’ Placement at SDF Falls by 24% The short-term interest rates diverged in the money market…
Nigerian Big Banks Trade Cheaper after Q3 Earnings Miss Nigerian big banks are trading cheaper following an unimpressive earnings performance…
Overnight Lending Rate Falls as Banks’ Placement Hits N4.4trn Overnight lending rate declined as a strong liquidity level in the…
Naira Mixed as Nigeria Raises $2.35bn External Loans The Nigerian naira traded on a mixed note across currency markets at…
Banks Step Up Placement with CBN as Excess Liquidity Hits N4.6trn Deposit Money Banks (DMBs) sought to boost earnings with…