Business

T-bills, instrument worth N464bn mature today

Ihesiulo Grace 27 February 2019 0

The Central Bank of Nigeria is expected to conduct a Primary Market Auction on Wednesday where a total sum of N115.1bn across the 91-day (N23.4bn), 182-day (N38.8bn) and 364-day (N59.9bn) tenors is expected to be rolled over. The 91-day tenor has an offer amount of N24.37bn and is expected to

Business Headlines

Forex, T.bills, others record N115.7trn turnover in 8 months

Ihesiulo Grace 2 October 2018 0

…Account for 76. 99% of total market proceeds …Investors trade $1.25bn FX in 5 days The total transactions turnover for the January to August 2018 period amounted to N115.68 trillion, as trading activities in Treasury bills (T.bills) and Foreign exchange contributed the largest to overall turnover, accounting for 76.99 per cent of the market, latest […]

Business Headlines

Forex trading, T Bills, others hit N86.4trn in 6 months

Ihesiulo Grace 6 August 2018 0

…Hike by N19.1tr to 22.1% in one year …As external reserves steady at $47.06bn Foreign exchange transactions, Treasury bills, Money Market, including Repurchase Agreements, Buy-Backs and Unsecured Placements/Takings, FGN Bonds, other Bonds and Eurobonds traded for a period of six months have been put to a total value of N86.40 trillion, checks by The Daily […]

Business Headlines

Forex, T-bills, other markets turnover hit N40trn in Q1

Ihesiulo Grace 14 May 2018 0

…As Naira gains at investors FX window …Foreign reserves steady at $47.865bn Total transaction turnover in the Nigeria’s Foreign Exchange (Forex) market, Foreign Exchange Derivatives; Treasury Bills (T.bills) market, FGN bonds; Other Bonds; Eurobonds; Repurchase Agreements/Buy-Backs and Unsecured Placements/Takings, between January and March, 2018 stood at a

Business

Central Bank of Nigeria to auction N117bn treasury bills Nov 30

Ihesiulo Grace 28 November 2017 0

Nigeria plans to sell N117.17 billion worth of treasury bills at an auction on Thursday, Nov. 30, according to the Central Bank of Nigeria’s Treasury Bills Issuance Calendar, seen by Businessamlive. Specifically, the CBN would offer N26.14 billion in three-month paper, N11 billion in six-month bill and N80.03 billion in one-year note. The results of […]

Business Money

CBN tightens liquidity through sales of Tbills worth N98bn

Ihesiulo Grace 19 October 2017 0

.As Naira stabilises at FX markets Motolani Oseni There are indications that the Federal Government of Nigeria, through the Central Bank of Nigeria (CBN) has tightened liquidity to support the nation’s currency, Naira, through the sales of fresh N98 billion worth in Treasury Bills (TB) securities on Thursday, after it auctioned N133.25bn on Wednesday. On […]

Business Capital Market

Interbank rate hits 15%, as government raises N190b through TB

Ihesiulo Grace 12 July 2017 0

The nation’s interbank overnight lending rate increased sharply by 10 percent to close at 15 percent on Friday, compare to 5 percent closed rate a week ago, and this has been linked to the payment for Treasury Bills (TB) purchases by the commercial banks. On Friday, the Federal government through the Central Bank of Nigeria […]

Capital Market

Analysts forecast bullish week for financial services sector

Ihesiulo Grace 23 May 2017 0

A cross section of capital market analysts have predicted sustained bullish run for financial sector stocks, mainly the banking subsector sector and by extension, the insurance subsector sector. Some of the analysts’ predictions for the week maintained a bullish run for quality financial stocks, most of which are trading low based on mark down following […]

News

FG reviews investment volume on instruments, auctions N213.76bn T-Bills

Ihesiulo Grace 14 March 2017 0

With the opening of the Federal Government of Nigeria Savings bond (FGNSB) on Monday March 13th 2017, the government has reviewed investment volume on its instruments, Treasury-Bills, FGN Bonds and savings bonds. This was coming as government ‘s primary auction of Treasury Bills (T-Bills) to raise N213.76 billion holds on Wednesday, a development, cross section […]

Business News

FG to auction N142 billion treasury bills – CBN

Ihesiulo Grace 9 February 2017 0

The federal government hopes to raise about N142.43 billion (about $453.60 million) from the issuance of short-term treasury bills to be auctioned on February 15, the Central Bank of Nigeria, CBN, said on Tuesday. The auction is expected to raise about N32.43 billion in three-month debt, N30 billion in six-month bills and N80 billion in […]