Month: September 2024

Investors in Nigerian debt capital market reduced their interest in local bond as part of rebalancing effort to optimise portfolio returns.

Transcorp Power Plc lost additional 10% of its market value as one of its directors sold shares on the floor of the Nigerian Exchange in the recent past week.

The average yield on Nigerian Eurobond fell below 10% as foreign portfolio investors increased interest in the international capital market. 

Investors sell Nigerian Treasury bills after the Central bank of Nigeria (CBN) slashed spot rates at the primary market auction. With inflation slowing down

The sustained liquidity strain in the money market kept short term benchmark interest rates uptrend, traders said, noting the effect could be positive on mutual

The Federal Government has evolved a strategy to tap into the seven trillion dollars of burgeoning global Halal market products and services.

Nigeria’s largest container terminal, APM Terminals, Apapa, has over the past four years, recorded continuous increase in its export volumes.

The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate further declined to 32.15 per cent in August 2024.

The Chief Executive Officer of Neveah Ltd, Mr Ibidapo Lawal, says the company has cleared all debts under its 20 billion naira commercial paper programme.

The United Capital Group on Monday said it had proved its worth as the lead Issuing House and Coordinator for the successful issuance of the FGN Domestic