Browsing: Money
CBN Closed Interest Rate on OMO Bills Offer at 22.73% The Central Bank of Nigeria (CBN) has issued fresh OMO…
Money Market Rates Fall over Liquidity Surplus in Banking System The liquidity surplus in the banking system dragged short-term benchmark…
FCMB, UCAP Drive Intraday Gain in Nigerian Equities Market Led by demand for FCMB, United Capital (UCAP) Plc, equities market…
GTCO Profit Grows by 89% to N1.02trn, Declares N7.03 Dividend Guaranty Trust Holding Company Plc (GTCO) grew profit by about…
Rates Fall Below 28% over Surplus Liqudity in Banking System The money market rates plunged below 28% apiece due to…
Liquidity Crunch: Banking Deficit Hits N1.84trn, Rates High The liquidity crunch in the financial system expanded due to the Nigerian…
The Nigerian naira experienced a mild struggle against the dominant currency, the US dollar, across the foreign exchange market …
Treasury Bills Yield Prints at 19% Before N800bn Auction The average yield on Nigerian Treasury bills printed at 19% ahead…
The benchmark yield on Nigerian government bonds climbed to 18.44% in the secondary market ahead of next inflation data.
Short-term Interest Rates Rise as Banking Deficit Soars The short-term benchmark interest rates soared in the money market as banking…