Investments In FG’s Treasury Bills Weaken, Sales Fall 19% To N1.35trn       Investors’ interest in the Federal Government’s monetary instrument, the Nigeria Treasury Bill (NTB) has recorded a significant decline with 19 per cent, year-on-year, YoY, decline in sales to N1.35 trillion in the first five...

NGX Begins Week With N59bn Gain       The nation’s bourse opened trading for the new week on Monday on a positive note with a growth of N59 billion, following interests in Tier 1 banks. Specifically, the market capitalisation which opened at N20.431 trillion inched higher by N59...

Fed Govt Borrows Over N2trn From Bond Investors In 2020       Leveraging on excess liquidity that persisted in the banking system and the near zero yields on treasury bills (TBs), the Federal Government, through the Debt Management Office (DMO), raised N2.1 trillion from investors in its...

Stock Market Battles Policy Reversal In Treasury Bills         The price correction that resulted from profit taking activities as well as the reversal in Treasury Bills (TBs) yields last week may not necessarily impede the recovery prospect in the stock market, equity dealers have said. They insisted...

CBN’s Policy Blocks Investors, Banks From N622bn Illegal Earnings         The new Treasury Bills policy of the Central Bank of Nigeria, CBN, has effectively obstructed about N622 billion interest earnings that would have accrued to banks and other individual and corporate investors in the money market. The...