Liquidity Squeeze Persists as NIBOR Rises, Treasury Yields Soften: Economists Weigh In
This week, liquidity in Nigeria’s financial system remained tight despite the N50 billion OMO-bill maturity and the gradual absorption of the N1.72 trillion FAAC...
Oil Prices Slip as Naira Faces Pressure in FX Market: Economists Weigh In
This week, oil prices experienced a significant dip, with Brent crude falling 3.8%, marking its steepest weekly drop since mid-November 2024. Meanwhile, WTI prices...
Nigerian Bonds Bearish Amid Global Selloffs and Lower Oil Prices
Nigerian bonds have experienced their sharpest decline in four months, driven by falling oil prices and a broader global selloff. The country’s bonds, typically...
CBN expresses commitment to FX Code
7, March 2025
The Central Bank of Nigeria, CBN, yesterday, expressed its commitment to the Nigerian Foreign Exchange (FX) Code saying that it has aligned...
Nigeria’s Bond Market Reacts to Global Debt Sell-Off as Yields Rise Amid Increased Government Borrowing
Nigeria’s bond market witnessed a significant rise in yields as global government borrowing costs soared, driven by a widespread bond sell-off. The yield on...
