Money Market
CBN’s N88 billion treasury bill auction on Wednesday was oversubscribed by 174.62%
The Central Bank of Nigeria’s (CBN) Treasury Bills Auction worth N88.46 billion was oversubscribed by 174.6% yesterday. The stop rates...
Read moreU.S. Stock Futures Edge Higher as Earnings Roll In: Markets Wrap
U.S. futures drifted higher, while European and Asian stocks advanced as investors weighed earnings from companies including some of the...
Read moreFed Is More Worried by Inflation Running Too Cold Than Too Hot
Federal Reserve officials are just as worried about an inflation rate that runs too cold as one that runs too...
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Nigeria Has No Plan To Ban Foreigners From Bills Sales
The Central Bank of Nigeria has denied claims that it planned on freezing out foreigners from the sales of Open...
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Naira strengthens at NAFEX window as dollar supply improves in forex market
The exchange rate between the naira and the US Dollar closed at N406.50/$1, at the Investors and Exporters window on...
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Investors Lose N185bn as Equities Market Remains Bearish
Negative sentiments persisted at the stock market last week, leading to investors losing N184.5 billion. Having recovered three weeks ago, the market slipped...
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