- Nigeria Lost N2.376tn to Grid Underutilisation in 12 years – NISO
- Tony Elumelu to Retire as UBA Chairman, Names Emmanuel Nnorum as Successor
- Align Fuel Cost With World Crude Oil Price, Lokpobiri Urges Marketers
- IPMAN Assures Nigerians of Continued Petrol Price Reduction
- No Shadow Budget in Nigeria – Oyedele
- Can Africa Finance Its Own Development?
- Money Market Rates Mixed Amidst Sharp Liquidity Shrink
- Crude Oil Prices Ease as OPEC+ Boosts Output
Browsing: NSE
With market analysts increasingly pricing in the likelihood of a Donald Trump victory in the US presidential
After about 13 years of trial, the Supreme Court, on Friday morning upheld the conviction of the former
The Securities and Exchange Commission (SEC) says the regulation of crypto-currencies and other digital
Nigeria attracted $24 billion foreign currency inflow in the first quarter of 2024, the Governor of the Central
The Nigeria Export Processing Zones Authority (NEPZA) said the country’s Free Trade Zones generated N11.1
Investors reacted negatively, trimmed their Nigerian treasury bills (NTB) holdings in the secondary market following successive spot rates cut at the Central Bank of Nigeria’s (CBN) primary market auction last week.
The average yield on Nigerian Treasury bills has dropped below 20% following a sustained buying
Treasury bills yield crashed by 48 basis points in May due to increase buying interest spurred by rates repricing in the primary market. The Central Bank of Nigeria (CBN) has made investment in Treasury bills lucrative for some individuals, corporates and especially deposit money banks.
The Nigerian naira reclaimed small of value it has lost in the currency market on Monday. The Nigerian naira closed the trading session on the positive on Monday, appreciated by 0.66% to #1476.12 per unit of US dollar at the autonomous FX market.
The naira, Nigerian local currency, crashed by about 13.3% day on day in the foreign exchange (FX) market on the obvious FX liquidity challenge that has persisted since last month.
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
