More activity is driven by the liquidity of T-bills: Nigerian FX markets
More activity is driven by the liquidity of T-bills: Nigerian FX markets…
Liquidity improves in Nigeria’s money market
Traders say liquidity in Nigeria’s money market improved on Thursday on the back of an Open Market Operation (OMO) maturity inflow of about N396 bn. For a review of the trading session…
Nigeria’s H2 money market outlook
System liquidity in Nigeria’s money market opened the second half of the year at 485.64 billion naira due to inflows from June 2019 bond maturities. Steve Osho, Co-Managing Partner at Comercio Partners…
Nigerian investors await Primary Market Auction
Traders say they expect interbank rates to ease further as Nigeria's markets anticipate a further liquidity boost this week. Emmanuel Mordi, Currency Trader at UBA joins CNBC Africa to review activities at…
Challenges facing Nigeria’s power sector
Liquidity, transmission and gas supply challenges continue to hinder progress in Nigeria's power sector reforms which began with the sale of generation and distribution companies in November 2013.…
Nigeria issues N100bn OMO T-bills
Nigeria's central bank last week stepped up its efforts to mop up liquidity in the banking system by issuing over N100 billion OMO T-bills two weeks before the November monetary policy committee…
Nigeria overnight rate hits 150%
Nigeria's overnight interbank rate was quoted at a record high of 150 percent on Tuesday, two days after lenders placed funds with the central bank to participate in last Friday's currency forward…
Nigerian stocks rise on bargain hunting
The NSE All Share Index gained 0.2 per cent on the back of bargain hunting in some bellwether stocks. Appreciation from Nestle and Nigerian breweries saw the consumer goods index gain one…