Market Updates

FG targets N1.2tn in latest bond offer The Federal Government of Nigeria is returning to the domestic capital market to raise N1.2tn through the reopening of three Federal Government of Nigeria bond instruments. The announcement, detailed in a Debt Management Office Offer Circular, maps out the government’s plan to auction... Read More →

Dollar weakens as rate fears ease, oil stable The dollar slid Tuesday after a drop in US inflation dented expectations of an interest rate hike later this month. Oil prices had jumped sharply on fresh Iran-US strikes, with two ships struck overnight near the Strait of Hormuz. But those gains... Read More →

CBN plans N750bn T-Bills auction to tighten liquidity The Central Bank of Nigeria is gearing up to raise N750bn from the Nigerian Treasury Bills primary market auction on Wednesday, as the apex bank intensifies its aggressive liquidity mop- up. Market analysts widely predict that investor demand will remain highly robust,... Read More →

At 96.80% YtD, NGX Oil & Gas Emerges Best Performing Index For closing at 96.80 per cent Year-till-Date (YtD) growth as of July 10, the Nigerian Exchange Limited (NGX)  Oil & Gas has outshined other indices to emerge as the best index on the bourse. The NGX Oil & Gas... Read More →

FG borrows N5tn from bond market in six months The Federal Government raised N5.08tn from the domestic bond market in the first six months of 2026, marking a 77.8 per cent increase from the N2.86tn raised during the corresponding period of 2025, an analysis of Debt Management Office auction results... Read More →

High bond yields to persist until Q4 amid inflation Nigeria’s debt market is under pressure from widening fiscal deficits, tight monetary policy and persistent inflation. As high yields endure, investors are abandoning traditional buy-and-hold strategies in favour of flexible, short-duration bond positions, writes JIDE AJIA Fixed-income investors in Nigeria have... Read More →