The South African rand remained stable in early trading on Tuesday as investors awaited key domestic economic data. At 6:18 a.m. GMT, the rand was trading at 17.74 to the …
Bond Yields
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CurrencyDigital EconomyEconomyMarketsMiningSouth Africa
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AfricaEconomyMarketsNewsSouth Africa
South African Rand Weakens as Israel-Iran Conflict Spooks Global Markets
The South African rand slipped slightly on Tuesday morning as global investors became more cautious, with ongoing tensions in the Middle East continuing to shake financial markets. As of 06:26 …
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EconomyMarketsSouth AfricaTrade and Commerce
Rand Weakens Sharply as Middle East Tensions Trigger Global Market Jitters
South Africa’s financial markets opened on a nervous note Friday morning, as the rand and government bonds came under sharp pressure following Israeli military strikes on Iran. The heightened geopolitical …
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EconomyMarketsNewsSouth Africa
South African Rand Firms Slightly Ahead of Mining Output Data Release
The South African rand showed modest gains in early trading on Thursday, edging higher as investors awaited key mining production figures. At 06:45 GMT, the rand traded at 17.7150 against …
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EconomyFinance & ServicesINVESTMENTMarketsNigeriaPoliciesSecurity
Nigerian fixed income market closes week strong as yields drop across T-bills, bonds, and Eurobonds
Nigeria’s fixed income market ended the week on a bullish note, as yields dropped across the Treasury bills, local bonds, and Eurobond markets. This was revealed in a fresh market …
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Banking, Finance & InvestmentBusiness InsightsBusiness PoliciesEconomyFinance & ServicesINVESTMENTNigeria
CBN Increases Treasury Bills Offer to N550bn as Investor Demand Drops by 29%
The Central Bank of Nigeria (CBN) has raised its total offer at the latest Treasury Bills Primary Market Auction to N550 billion, an increase from the N400 billion offered in …