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Forex

NITTY for 12 Months Maturity Closed Lower in Response to Flattish Rate…

In the just concluded week, NITTY moved in mixed directions across maturities tracked. Specifically, NITTY for 1 month and 12 months maturities plummeted to 2.14% (from...

Stocks struggle as taper talk, crypto crash put markets on edge

Tom Westbrook * Pressure remains on bitcoin, cryptos after crash * MSCI AxJ index wobbles lower; dollar holds gains * Commods drop as China vows crackdown on speculation By Tom Westbrook SINGAPORE, May 20 (Reuters)...

Stop Rates Unchanged For All Maturities at Friday’s T-Bills Auction…

In the just concluded week, CBN offered T-bills worth N117.55 billion viz: 91 days worth N24.67 billion, 182-Days worth N10.00 billion and 364-Days bills...

Naira Weakens against USD at Most Market Segments Despite CBN’s Move…

In the just concluded week, Naira depreciated against the USD at the Investors & Exporters Window, Bureau De Change and Parallel “black” markets by...

NIBOR Moves Southwards amid Net Inflows Worth N2.94 billion…

In the just concluded week, CBN issued a total of N17.06 billion at the OMO auction to partly drain sytem liquidity arising from matured...

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