The Nigerian secondary bond market witnessed muted activity last week, with a blend of mild buying interest— particularly at the mid-tenor segment—and selective profit-taking. These dynamics...
The Nigerian money market endured considerable liquidity pressure last week despite substantial inflows from maturing Treasury bills and Open Market Operations (OMO) instruments totalling N258 billion...
Nigeria’s central bank has raised approximately N2.3 trillion after institutional investors piled into its open market operations (OMO) and Nigerian Treasury bills. OMO and treasury bills...
TAJBank, Nigeria’s leading non-interest lender, on Tuesday signed the completion agreement for the N20bn second tranche of its N100bn Mudarabah Sukuk bond programme. The latest investment...
The Debt Management Office (DMO) has announced the opening of its June 2025 offer for subscription to the Federal Government of Nigeria (FGN) Savings Bond. This...
The Debt Management Office (DMO) has announced a resounding success in its recent Series VII Sovereign Sukuk issuance, which drew an overwhelming subscription of N2.2 trillion...
The Nigerian equities market traded on a bullish note on Tuesday as buying interest in the shares of ACCESSCORP and UNILEVER to gain by 3.1% and...
The Debt Management Office (DMO) has announced the opening of the April 2025 issuance of the Federal Government of Nigeria (FGN) Savings Bond, offering returns of...
The Nigerian money market remained awash with liquidity last week, supported by a net inflow of N1.53 trillion, largely driven by the maturity of N651.7 billion...
Oil prices plunged sharply on Friday, capping off a tumultuous week marked by rising global trade tensions, triggered by United States’ imposition of export tariff hikes...
Activities on the floor of Nigerian Exchange Limited (NGX) ended mixed on Thursday albeit with a bullish tilt, as the benchmark index eked out a meagre...
One of Nigeria’s leading non-interest banks, TAJBank, says it is finalising arrangements to raise the sum of N20 billion Mudarabah Sukuk bond to beef up its...
The FGN Bonds secondary market sustained a bullish run last week, with yields contracting across various maturities amid strong investor confidence. The high-yield environment and expectations...
The Overnight Nigerian Interbank Offered Rate (NIBOR) inched up by 0.04 percentage points week-on-week to 32.92% to close on Friday, reflecting tighter liquidity conditions in the...
The naira posted a moderate appreciation against the US dollar this week, gaining N8.62 or 0.01% week-on-week to close at N1,501.08 per dollar in the official...
Nigeria’s currency, naira, took a dip in the foreign exchange (FX) market on Monday as the local currency closed lower against US dollar at both official...
The African Development Bank (AfDB) has launched and priced a new GBP 500 million 3-year Benchmark transaction due February 1st, 2028. The bond pays a coupon...
