Browsing: FPI

In an attempt to lock in yields, Nigerian Treasury Bills rallied across the short, belly, and long durations ahead of the main auction scheduled for Wednesday.

FPI Pullback from Nigerian Exchange Signals Tactical Caution Foreign Portfolio Investment (FPI) activity on the Nigerian Exchange (NGX) moderated further…

Foreign Portfolio Investment Trends Reinforce Market Confidence, Local Dominance Persists The Nigerian capital market continues to demonstrate a compelling narrative…

OMO Bills Yield Falls as Banks, FPIs Boost Holdings The average yield on OMO bills fell by 9 basis points…

Nigeria Eurobond Yield Rises as FPIs Embark on Asset Trimming Offshore of foreign portfolio investors (FPIs) trimmed Nigeria’s sovereign Eurobond…

With rapid daily gain, the naira extends its rally in the currency market as a flood of US dollar credits boosted liquidity level in the official window on Thursday. According to spot data from the FMDQ platform, the naira appreciated by 1.7% to N1,458.95 per US dollar

The average yield on Nigeria’s Eurobond rose as foreign portfolio investors (FPIs) liquidated positions amidst U.S. interest rate cuts. The risk-off reactions followed sustained monetary easing in the U.S. amidst expectations that a rate cut would cause a flight to safety in 2025.

The Nigerian government is offering higher interest rates on financial instruments in a bid to drive foreign currency inflows

Foreign investors have continued to reduce Nigeria’s sovereign Eurobonds trading at the international capital market

Capital importation into the Nigerian economy slumped by about 27% between 2022 and 2023 …