Tag: MarketNews
Return on OMO, Treasury Bills Slide to 26% amidst Rally
Return on OMO, Treasury Bills Slide to 26% amidst RallyThe average return on Nigerian open market operations (OMO) and Treasury bill instruments settled at...
Yield Hits 19.8% as Uncertainties Stoke Selloff in Bond Market
Yield Hits 19.8% as Uncertainties Stoke Selloff in Bond MarketBond market investors reduced their interest in the Federal Government of Nigeria's (FGN) long-term borrowing...
Bitcoin Price Depreciation Drags Crypto Market Cap to $2.534T
Market data from cryptocurrency exchanges shows that the price depreciation of Bitcoin on the final day of May reduced the value of the entire cryptocurrency market to $2.53 trillion, a decrease of 0.11% from the previous day.
Treasury Bills Market Rallies despite Liquidity Drain
Treasury bills that were purchased in the fixed interest securities market saw a rise following high bids and allotments at the Central Bank of Nigeria's (CBN) primary market auction (PMA) last week.
Geregu Power Outperforms Q1 Profit Expectation by 160%
Geregu Power Plc outperformed its profit expectation for the first quarter of 2024 by more than 160%, according to
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MTN Nigeria Halts Negative Earnings, Profit Soars by 134%
MTN Nigeria Halts Negative Earnings, Profit Soars by 134%MTN...
Nigerian Bonds Yield Steady after DMO Auction Pricing
Nigerian Bonds Yield Steady after DMO Auction PricingThe benchmark...
Naira Rises as External Reserves Pick Up Again
Naira Rises as External Reserves Pick Up AgainThe Nigerian...
MTN Nigeria Slumps by 6% in Huge Cross Deal Volume
MTN Nigeria Slumps by 6% in Huge Cross Deal...