Browsing: CBN

Nigerian Treasury Bill Selloffs Provoke 10bps Yield Surge It was seller market during the midweek in the secondary market as…

Interbank rates crossed the 31% benchmark as the liquidity level in the financial system remains in negative territory.  Due to a weak funding profile in the financial system, money market rates have remained elevated.

Investors sell Nigerian Treasury bills after the Central bank of Nigeria (CBN) slashed spot rates at the primary market auction. With inflation slowing down

CBN Cuts Spot Rates on Nigerian Treasury Bills The Central Bank of Nigeria (CBN) has further hammered spot rates on…

Unity Bank Projects N27b in Q4 Earnings, Targets N4b Profit Unity Bank Plc has projected gross earnings of N27 billion…

NUPRC Secures over N60bn, $100m for Host Community Development The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has successfully…

CBN Slashes Treasury, OMO Bill Rates at Main Auctions The Central Bank of Nigeria (CBN) has further slashed spot rates…

Oando, Eterna Gain Weight as Investors’ Keep Eyes on Oil Stocks Oando, Eterna and other top energy companies’ gained weight…

Money market rates crossed 31% due to lingering liquidity in the financial system. Short-term benchmark interest rates have been under pressure due to

No Respite for Naira as Official, Parallel Market Rates Plunge The bleak outlook for the Nigerian local currency, the naira,…