Author: Marketforces Africa

The average yield on Federal Government of Nigeria (FGN) bonds declined amidst a sustained demand

The Nigerian Treasury bills (NTB) recorded no significant transaction that could swing the yield curve

Nigerian naira holds a position against the United States (U.S.) dollar dominance across the market

The House of Representatives has backed the planned disbursement of 700 million dollars Cabotage Vessel Finance

Nigerian private sector returns to growth after naira crisis pressure eased, S&P/Stanbic IBTC said

Zenith Bank Plc continues to race toward a trillion naira valuation in the month of May

NB Plc.Gets Offer to Buy Distell Wines and Spirits Nigeria Ltd Nigerian Breweries (NB) Plc announced it has obtained an offer to acquire majority shares (80%) in Distell Wines and Spirits Nigeria Limited, according to a regulatory filing on the Nigerian Exchange website. The brewer told the Nigerian Exchange Limited and the investing public that at a specially convened meeting of the Board of Directors held on 30th May 2023, the Board was presented with an offer from Heineken Beverages, South Africa. In the notice, Nigerian Breweries said the offer was to its board to acquire Heineken Beverages’ majority interests…

After it was listed on the Nigerian Exchange in October 2022, Geregu Power Plc continues to add value

Telecommunication giant, MTN Nigeria Plc, has maintained lead as its market valuation crossed N5 trillion

Naira: exchange rates across the foreign exchange (FX) markets weakened slightly as Nigeria’s deposit money banks