Investors Increase Bets on Treasury Bills Ahead of Auction
Investors Increase Bets on Treasury Bills Ahead of Auction Fixed interest income investors increased their respective bets on Nigerian Treasury bills in the secondary market ahead of the midweek auction.…
Read moreMoney Market Rates Mixed on Excess Liquidity in Banking System
Money Market Rates Mixed on Excess Liquidity in Banking System Money market rates diverge amidst excess liquidity balance in the financial system. The surplus liquidity has kept rates movement in…
Read moreNaira Sinks as CBN FX Supply Dips Ahead of e-FX Test Run
Naira Sinks as CBN FX Supply Dips Ahead of e-FX Test Run The value of the naira sank against the US dollar at Nigeria’s autonomous foreign exchange (FX) market as…
Read moreEquities Investors Lose N317.5bn over Selloffs in Caverton, Aradel
Equities Investors Lose N317.5bn over Selloffs in Caverton, Aradel Equities investors lost more than N317.5 billion on the Nigerian Exchange (NGX) trading platform as sell pressure extend to Monday. The…
Read more18 Vessels to Berth at Lagos Ports -NPA
18 Vessels to Berth at Lagos Ports -NPA The Nigerian Ports Authority (NPA) on Monday said no fewer than 18 ships were expected to berth at the Lagos ports between…
Read moreAccess Holdings Grows Total Assets by 54% to N41trn in Q3
Access Holdings Grows Total Assets by 54% to N41trn in Q3 Access Holdings Plc grew total asset by 54% to N41. 1 trillion at the end of the third quarter…
Read moreCoca-Cola Beverages Africa invests $50m in Namibia
Coca-Cola Beverages Africa invests $50m in Namibia Coca-Cola Beverages Africa has invested $50 million in a new bottling line in Namibia, capable of producing 27,000 bottles per hour, according to…
Read moreUS Dollar Falls Ahead of Election, Fed Rates
US Dollar Falls Ahead of Election, Fed Rates The US dollar fell against its major trading partners early Monday as markets digested Friday’s weaker-than-expected October employment report. Investors are also…
Read moreBanking Names, Oil Stocks Drag NGX Index Down
Banking Names, Oil Stocks Drag NGX Index Down The Nigerian Exchange (NGX) index dipped during the intraday trading session as investors opened the trading session in a negative mood. Trading…
Read moreN1.3bn Fraud: Court Orders Dana Air MD Arrest
N1.3bn Fraud: Court Orders Dana Air MD Arrest A Federal High Court in Abuja, on Monday, issued an arrest warrant against the Managing Director (MD) of Dana Air, Mr Hathiramani…
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