Inside Africa
ECA, Afreximbank Develop Digital Platform to Secure Trade in Africa
The Economic Commission for Africa (ECA) and Afreximbank have developed a digital business-to-business ...
AfDB Commits $10bn to Drive Food Security in Africa
The African Development Bank (AfDB) Group has said it would commit 10 billion dollars over the next five
ECOWAS Seeks Commitment to Adoption of Single Currency
Dr Sidie Tunis, Speaker of the ECOWAS Parliament has called for more political commitment towards the adoption
Investment
Yield Falls to 3.27% as Demand for Treasury Bills Rises
The average yield on Nigerian Treasury bills falls again as local investors continue to channel available funds
Nigerian Companies with Market Valuation Below N1bn
RT Briscoe, a holding company, is one of the small-cap stocks listed on the Nigerian Exchange worth N341.144 million ...
Nigerian Exchange Swells as Investors Gain N34.4bn
Equities market capitalisation of the Nigerian Exchange, NGX, swells by more than N34 billion to N28.68 trillion
Naira Gains amid Unmet Foreign Currency Demand
The Nigerian naira claimed value amidst unmet demand in the foreign exchange (FX) market.
NASD Securities Exchange Market Size Drops by N4.90bn
The NASD over-the-counter (OTC) securities exchange market index slumps following a flurry of selloffs by investors ...
CBN Extends Old Naira Notes Use Deadline
The Central Bank of Nigeria (CBN) has announced a decision to extend old naira use for transactions ...
Financial Products
Yield Rises as Fund Managers Unpack Nigeria’s Bonds
The average yield on Federal Government of Nigeria (FGN) bonds spike on Thursday as fund managers
Nigerian Treasury Bills Yield Tumbles as CBN Rates Fall Rapidly
The average yield on Nigerian Treasury Bills continues to fall rapidly amidst a sustained rally ...
Nigerian Treasury Bills Yield Falls Sharply to 1.47%
With strong funds allocation into Nigerian Treasury Bills by investors, the average yield on instruments ...
Demand for T-Bills, FGN Bonds Rise amidst Rate Hike
The Nigerian local debt market was bullish following an increase in benchmark interest rate ...
Bonds Yield Jumps as Nigeria Seeks to Raise N1.2trn
In the secondary market, the average yield on Federal Government of Nigeria bonds spiked by 64 basis points as investors sold
FX Market Sees Sharp Decline in Dollar Inflows
With a bleak outlook in 2023, it has been tough getting an adequate supply of foreign currencies to conduct ...
Return on Nigeria’s 20-Year Bonds Jumps to 15.05%
Trading activities in the secondary market ended on a mixed note, albeit, with a bearish tilt as local
Nigeria’s Bond Yield Rises to 12.81% as Inflation Falls
Following selloff pressures in the secondary market, the average yield on Nigerian government bonds rises
NG-CARES: BOI Partners States on Disbursement of MSMEs Grants
The Bank of Industry says it has so far received over one million applications for the Nigeria COVID-19 Action...
NGX Rises by N174bn as MTNN, Zenith Bank Rally
The equities segment of the Nigerian Exchange (NGX) limited appreciates by about N174 billion on Thursday
