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…
Read moreOando 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…
Read moreInvestors 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…
Read moreNigerian 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…
Read moreNaira 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…
Read moreInterbank 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…
Read moreMTN 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…
Read moreJohn 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…
Read moreEunisell 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…
Read moreNigeria’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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