Nigeria’s Market Hits by Economic Cracks – MarketNews Market direction shifted negative as investors traded exit on naira assets. It was selling festival across financial markets in Nigeria on Thursday…
Nigeria’s Eurobond Yield Sinks to 9.92% -MarketNews In Nigeria’s sovereign Eurobonds market, positive sentiment prevailed across all segments of the yield curve, causing a marginal decrease in the average yield…
FGN Bond Yield Hits 16.8% after Under Booked Auction The average yield on the Federal Government of Nigeria’s (FGN) has inched higher by 22 basis points to settle at 16.80%…
Tight Liquidity Pushes Short-term Interest Rates Up Short-term interest rates jerked strongly as liquidity pressures in the money market took another dimension. Deposit money banks paid another visit to the…
FG, States, LGCs Share N1.49trn Federal Revenue for January The Federation Account Allocation Committee (FAAC), has shared N1.149 trillion in revenue collected at the centre among the Federal Government, states…
Naira Crashes as ‘Nigerians’ Bet Against Their Nation There is no respite for the Nigerian local currency as the exchange rates continue to worsen due to scarcity of foreign currency…
$800m Needed for Port Rehabilitation Almost Ready, says FG The Federal Government says the 800 million dollar needed for rehabilitation of the nation’s ports is almost ready. The Minister of…
WEF to Hold TradeTech Forum at Ministerial Conference The World Economic Forum (WEF) will convene 300 ministers, business leaders, trade leaders and experts, as well as civil society, to examine…
Wema Bank Backed Juli Plc Keeps Uptrend Without so many people noticing, Ticker: Juli has been making an uptrend and what caught stock analysts’ attention is that the supposed cheap…
Equities Investors Lose N165bn to Bears Show on NGX The size of the Nigerian stock market was reduced by more than N165 billion due to a negative twist in investors’…