Browsing: Market

Nigerian stocks tumbled for the third consecutive trading session in the equities market as a positive real return on fixed interest securities impacted investors’ sentiment. Hence, the Nigerian Exchange (NGX) benchmark all-share index fell as more investors continued to exit their positions in the domestic bourse.  

Fixed Income Market Yields to Decline as CBN Halts Tightening -Firm Investment experts at Cowry Asset Management Limited are expecting…

Investors Step up Bonds Buying on Inflation Protected Return Improved confidence and positive real return on investment drove buying momentum…

Interbank rates eased despite a huge liquidity deficit in the banking system totalling more than N1 trillion. The financial system has maintained a negative liquidity profile in the last five days in the money market in the absence of significant inflows.

Global Crypto Market Cap Rises to $3.24T as Bull, Bear Tango Top cryptocurrency sell offs has continued to rub off…

Investors Ramp Up Nigerian Bonds Amidst Policy Shift Expectation The Nigerian bonds yield retraced in the secondary market on booming…

Treasury Bills Yield Falls Ahead of N670bn Auction In the secondary market, the average yield on Nigerian Treasury bills (NTB)…

Money Market Rates Fall Sharply on Robust Liquidity Funding pressures in the money market declined sharply as significant inflows lifted…

CBN to Open N670bn Treasury Bills for Subscription The Central Bank of Nigeria (CBN) is expected to conduct a primary…

Liquidity pressures in the Nigerian banking system declined as inflows from the Federal Accounts Allocation Committee (FAAC) bolstered the amount in the banking system.