Browsing: Money
Nigerian Treasury Bill Selloffs Provoke 10bps Yield Surge It was seller market during the midweek in the secondary market as…
Nigerian Treasury Bill Yield Moderated to 20% The average yield on Nigerian Treasury bill has dropped further at the beginning…
CBN Slashes Treasury, OMO Bill Rates at Main Auctions The Central Bank of Nigeria (CBN) has further slashed spot rates…
Regulation: SEC Warns Against Capital Market Infractions The Securities and Exchange Commission (SEC) has warned individuals and business entities engaging…
CBN Auctions US Dollar as Exchange Rate Hits ‘Boiling Point’ The Central Bank of Nigeria (CBN) has launched a new…
Naira Depreciates ‘Back2Back’ Amidst Nigeria’s $6bn Oil Debt The naira has seen back-to-back depreciation across foreign currency markets due to…
Nigeria’s Top 5 Banks Market Value Falls to N4.7Trn or $3bn Selloffs in Nigerian big bank stocks dragged their combined…
Money Market Rates Climb as Banks Borrow N420bn from CBN Money market rates increase significantly as pressure on the financial…
Return on OMO, Treasury Bills Slide to 26% amidst Rally The average return on Nigerian open market operations (OMO) and…
Yield Hits 19.8% as Uncertainties Stoke Selloff in Bond Market Bond market investors reduced their interest in the Federal Government…