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Nigeria’s PMI Indicates Economic Recovery Underway, Albeit Slow
Following positive macroeconomic direction recorded in the fourth quarter...
Rising Fiscal Deficit, Weak Naira Fuel Nigeria’s Debt Burden –Analysts
Pandemic-induced fiscal deficit and devaluation of the local currency, Naira,
Nigerian Bourse Closed in Red as Inflation Worsens
The Nigerian Exchange (NGX) for trading listed companies' stocks traded in red again on Monday...
DFC Disburses $83m for Africa Data Centres
International Development Finance Corporation (DFC) today announced the first disbursement of $83 million...
Seplat: No Rating Impact from Delay to Purchase Exxon’s Nigerian Asset –Fitch
The delay to, or possible cancellation of, Seplat Energy Plc.’s acquisition of Mobil Producing Nigeria Unlimited (MPNU)
Dollar Mixed After Market Correction, Fed to Stay on Track
The US dollar was mixed against its major trading partners early Monday amidst mounting pressures in the global economy
FINANCIAL PRODUCTSFINANCIAL PRODUCTS
Stock Market Lost N571bn as CBN Spot Rates Rise
The Nigerian stock market lost about N571 billion across five trading sessions as equities investors
Capital Market Master Plan Promotes Transparency, Confidence – SEC
The Securities and Exchange Commission (SEC) says the Capital Market Master Plan (CMMP) initiatives
NASD Securities Exchange Steadies, Return Eclipsed by Inflation
The NASD Over-the-counter market year-to-date return was steady following a moderate gain on unlisted...
Equities Market Trades Flattish after Big Loss
The equities segment of the Nigerian Exchange (NGX) is currently trading on a flattish note after more than N614 billion
Bonds, T-Bills Prices Drop on Sell Pressures, Naira Hits N431
The average yield on Nigerian Treasury bills cleared at 7.5% ahead of the Central Bank primary market auction on Wednesday
Sell Pressure, Assets Repricing Drive Bonds, T-Bills Yields Up
The average yields on fixed income securities see a sharp rise as investors began to renegotiate spot
Selloffs in Banks Shares, IntBrew Trigger Mid-day Loss on NGX
Equities investors in the Nigerian Exchange (NGX) continue previous day selling rallies as banking stocks
Higher Spot Rates on T-Bills Auction Drive Yields Upward
Reacting to higher spot rates on the Central Bank of Nigeria’s (CBN) primary market auction for Nigerian Treasury
Gold Sinks to 16-Month Low as U.S Inflation Skyrockets
Gold prices fell to a 16-month low early Wednesday after the United States reported inflation
DMO to Raise N720 billion from Local Debt Market in Q3
Debt Management Office (DMO) has revealed a plan to borrow N720 billion in the third quarter of 2022
