The average yield on Nigerian Treasury Bills moderated as fixed-income investors piled into positions amid spot-rate repricing across standard tenors on new issuance.
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The Federal Government of Nigeria has ruled out restoring the fuel subsidy and multiple exchange rates
The Nigerian local currency unit, the naira, weakened against major currencies in the foreign exchange market …
Fitch Ratings has revised the outlook on Nigeria’s Long-Term Issuer Default Ratings (IDRs) to positive from stable and affirmed the IDRs at ‘B’.
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The Lagos State Government is planning to issue a ₦200 billion bond for investor subscription under the ₦1 trillion
The naira rose against the US dollar at the Nigerian foreign exchange market (NFEM) on Wednesday as data showed interbank FX trading moderated.
The Central Bank of Nigeria (CBN) cut interest rates on Nigerian Treasury bills (CBN) after Wednesday’s primary market auction was significantly oversubscribed.
The Nigerian Exchange (NGX) All Share Index (ASI) inched higher on Friday following a soft rally, while FirstHoldco accounted for about 50% of all shares traded in the local bourse.
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The average yield on Nigerian Treasury Bills moderated as fixed-income investors piled into positions amid spot-rate repricing across standard tenors on new issuance.
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INSURANCE: The market value of AXA Mansard Plc’s 9 billion outstanding shares slipped
