Browsing: Nigeria

The average yield on Nigerian Treasury bills dipped to approximately 25.6% in the secondary market despite quite a trading session at the beginning of the New Year. Trading volumes remained low as most market participants have yet to resume activities for the year fully, according to fixed income market analysts’ notes.

The naira traded at N1535 per US dollar in the Nigerian foreign exchange market, NFEM, on Friday after year-end aggressive FX sales

Onion Farmers Link Price Hike, Scarcity to Flood, Climate Change The Onion Producers, Processors and Marketers Association of Nigeria has…

Naira Gains, Exchange Rates Gap Increases to N106 The naira exchange rate gained against the US dollar to settle at…

Yield on Nigeria’s Eurobond Declines to 9.6% Nigeria’s sovereign Eurobonds market experienced buy pressure across the short, mid and long…

Naira Mixed as Analysts Differ on FX Market Outlook The naira traded on a mixed note against the US dollar…

NGX Swells by N155bn as Insurance Stocks Attract Attention The Nigerian Exchange (NGX) opened the New Year with N155 billion…

Nigerian government earnings came at about 34% below target in October 2024, the Central Bank said in its economic report for the month.

Uzodimma Signs N807bn 2025 Budget into Law Gov. Hope Uzodimma has assented to the N807 billion Imo Appropriation Bill for…

The spot interest rate on the Nigerian Treasury bill was adjusted upward by 10 basis points (bps) at the primary market auction sales on Friday. MarketForces Africa reported that the Central Bank of Nigeria (CBN), through the Debt Management Office (CBN), auctioned N332.53 billion to investors.