The NSE All-Share Index appreciated by 84.75 points or 0.4% to close on Friday at 20,495.92 while the market capitalization of the 186 First -Tier equities increased to N6.46 trillion. Also, the NSE-30 Index appreciated by 11.23 points or 1.2% to close at 937.14. Last week, the NSE-ASI and NSE-30 […]
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Nigeria sells 149.65 billion naira Treasury bills, yields mixed
Nigeria sold 149.65 billion naira ($953.00 million) worth of treasury bills this week with yields on the 182-day and 364-day papers lower than the previous auction, while the 91-day yields rose slightly. The central bank sold 44.65 billion of the 91-day treasury bill at a 14.80 percent rate, up marginally […]
Nigerian interbank rates ease on improve cash outlook
Nigeria’s interbank lending rates eased marginally this week to an average of 15 percent from last week’s 15.25 percent on expectations of cash inflows from budgetary allocations to government agencies on Friday, traders said. “People know that budget allocation has been approved and will soon be released, so there is […]

