FMDQ

Treasury bills dominance soar to 89% in fixed income market on attractive yields

The treasury bills (T-bills) segment of the fixed income market continued its dominance in the market in the month of…

Nigeria interbank offer rate peaks at 126.7% as liquidity crunch hits banks

Liquidity pressures are mounting in Nigerian banks as the Nigeria Interbank Offered Rate (NIBOR) for overnight loans, the benchmark for…

Central bank to sell $100m at forward, spot forex auction

Nigeria's central bank said on Tuesday it will sell $100 million at a special wholesale spot and forwards auction to…

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