Search Results for "financial markets"
5 results found
How the naira is surging against USD in all markets

…investment.International investors continue to bring hard currency into Nigeria’s financial markets to take advantage of relatively high yields available on Naira-denominated assets.The attractive returns have increased the appeal of Nigerian fixed-income instruments, particularly for investors seeking opportunities wh…

Business by nigerianewsfeed · 14 days ago · 0 comments · 13 views
CBN announces removal of restrictions on Discount Window access for FX, OMO

…OMO. This was disclosed in a circular signed by the apex bank's Acting Director of the Financial Markets Department, Okey Umeano, on Wednesday. With the latest review, the CBN said the existing restriction on participation in OMO auctions by institutions accessing the Discount Window on the same day will remain in forc…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 20 views
Nigeria’s foreign reserves surpass annual target, rise above $52.5bn – CBN

…and price stability while implementing policies that encourage investment, strengthen financial markets and support sustainable economic growth. Earlier, the Branch Controller of the CBN Gombe Branch, Mr Yunusa Buba Mubi, described the CBN Fair as an annual engagement platform aimed at educating the public on the bank’…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 16 views
Mid-year review: Real economy remain under pressure — CPPE

…inflation, stronger external reserves, improved crude oil production and resilient financial markets have significantly reduced macroeconomic vulnerabilities and strengthened investor confidence. He noted that government revenues also improved on the back of higher oil receipts and stronger non-oil tax collections, whi…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 20 views
FGN bonds attract N1.41 trillion bids in June auction as yields climb

…amid elevated financing needs. Nairametrics earlier reported that data compiled from the Financial Markets Dealers Association (FMDA) weekly research showed that yields across both markets also moved higher, reflecting bearish sentiment and persistent inflation concerns that continue to shape domestic fixed income pric…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 26 views
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