Tag: Market
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CBN Slashes Treasury, OMO Bill Rates at Main Auctions
CBN Slashes Treasury, OMO Bill Rates at Main AuctionsThe Central Bank of Nigeria (CBN) has further slashed spot rates on short term borrowing instruments...
Nigerian Exchange Declines by N84bn as Selloffs Heat Up
Nigerian Exchange Declines by N84bn as Selloffs Heat UpThe equities market capitalisation of the Nigerian Exchange (NGX) declined by about N84 billion in five...
Benchmark Yield on Nigerian Bond Declines to 18.75%
Benchmark Yield on Nigerian Bond Declines to 18.75%The average yield on the Federal Government of Nigeria (FGN) bond shed two basis points again in...
Naira Depreciates ‘Back2Back’ Amidst Nigeria’s $6bn Oil Debt
Naira Depreciates 'Back2Back' Amidst Nigeria’s $6bn Oil DebtThe naira has seen back-to-back depreciation across foreign currency markets due to sustained US dollar demand pressure....
UBA Rises by 6.5% on Huge Trade Volume Ahead of Earnings
UBA Rises by 6.5% on Huge Trade Volume Ahead of EarningsUBA Plc gained traction on the floor of the Nigerian Exchange (NGX) following significant...
