• Naira
  • November 18, 2024
  • 3 views
Selloffs Knock Down VFD Group Market Value by 10%

Selloffs Knock Down VFD Group Market Value by 10% Sell pressures initiated by equities investors knocked down the market value of VFD Group Plc by 10%, or N5.7 billion, on…

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  • Naira
  • November 18, 2024
  • 4 views
Oando Energy Falls by 10% over Sell Pressure

Oando Energy Falls by 10% over Sell Pressure Oando Energy Plc market valuation has dropped further due to sustained sell pressure on the energy stock in the local bourse. The…

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  • Naira
  • November 18, 2024
  • 4 views
Investors Sell Down Nigerian Bonds, DMO Still Cuts Supply

Investors Sell Down Nigerian Bonds, DMO Still Cuts Supply The average yield on Nigerian bonds declined as investors sold down their holdings ahead of the Debt Management Office (DMO) primary…

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  • Naira
  • November 18, 2024
  • 5 views
Nigerian Treasury Bills Yield Surpassed 25% Ahead of Auction

Nigerian Treasury Bills Yield Surpassed 25% Ahead of Auction The average yield on Nigerian Treasury bills surpassed 25% in the secondary market as a tight liquidity balance in the banking…

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  • Naira
  • November 18, 2024
  • 6 views
Naira Gains N26.62 on Dollar as CBN Sells $144m to Banks

Naira Gains N26.62 on Dollar as CBN Sells $144m to Banks The Nigerian naira gained N26.62 against the US dollar in the official foreign exchange market as the Central Bank…

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  • Naira
  • November 18, 2024
  • 5 views
Interbank Rates Sink as Remita, Coupon Payment Boost Liqudity

Interbank Rates Sink as Remita, Coupon Payment Boost Liqudity The interbank rates sank deeply as the liquidity level in the financial system increased significantly week on week after inflows from…

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  • Naira
  • November 18, 2024
  • 6 views
MTN Nigeria Raises N75bn at Elevated Yield from Debt Market

MTN Nigeria Raises N75bn at Elevated Yield from Debt Market MTN Nigeria Communications PLC has successfully raised more than N75 billion from the debt capital market, the telecommunications company told…

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  • Naira
  • November 18, 2024
  • 4 views
John Holt Tops Performers with 60% Price Appreciation

John Holt Tops Performers with 60% Price Appreciation Nigerian conglomerate John Holt has been attracting equities investors’ attention in the recent past weeks on the Nigerian Exchange. Demand for the…

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  • Naira
  • November 18, 2024
  • 2 views
Eunisell Soars by 46% Ahead of Shareholders Meeting

Eunisell Soars by 46% Ahead of Shareholders Meeting An engineering and technology solution company, Eunisell Interlinked Plc, has surged further with more than 46% price appreciation over the last five…

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  • Naira
  • November 18, 2024
  • 6 views
Nigeria’s Total Debt Estimated to Hit 54.6% of GDP in 2024

Nigeria’s Total Debt Estimated to Hit 54.6% of GDP in 2024 As the government continues to borrow, Nigeria’s debt clock is predicted to accelerate even more. Total debt to gross…

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