Money market

CBN offers N95.681bn TBills, records 59% oversubscription

The Central Bank of Nigeria (CBN) offered a total of N95.681 billion debt instrument at its Nigerian treasury bills primary…

Covid-19: CBN grants two-week market holidays to BDCs

ABCON advises forex users to shun street traders The Central Bank of Nigeria has granted a two week market holidays…

Coronavirus: Banks urge customers to use digital platforms

Banks in the country have urged their customers to utilise their digital self-service solutions because of the coronavirus affecting different…

Zenith Bank limits int’l withdrawal amount on card

Zenith Bank has pegged the monthly international withdrawal limit on naira cards at $1,000 per month. In a mail to…

Global markets: Bonds hold gains after Fed’s surprise rate cut

Bonds held onto gains on Wednesday after the U.S. Federal Reserve’s surprise 50 basis point interest rate cut, part of…

Extension of OTC futures to bring calmness to market, curb FX volatility

Adesola Afolabi Asides infusing more confidence to foreign portfolio investors and foreign direct investors, the recently launched long-dated foreign exchange…