Author: Marketforces Africa

The Joint Admissions and Matriculation Board (JAMB) has extended the closing date for the 2023 Direct Entry

The average yield on Treasury bills spiked further in the secondary market amidst declining spot rates on 364-day

The Federal Government of Nigeria bonds sustained a bearish sentiment in the secondary market as investors

This week, it is cheaper to own shares of FBN Holdings Plc after about a 6% price down of the group stock market valuation

Finance ministers from various Commonwealth countries have called for a systemic reform of the global financial

FCMB Group Plc saw its market valuation decline by about 8% in the last seven trading sessions to N70.299 billion

Fidelity Bank Plc’s market capitalisation slumped to N147.481 billion on Friday, data from the Nigerian Exchange s

Nigeria’s premier Non-interest lender, Jaiz Bank Plc, a closely held share saw a price decline of 3.3%

NGX Loses N601bn as Investors Eye Fixed Income Market The equities market lost more than N601 billion over the five days trading session on the floor of the Nigerian Exchange, according to data from the local bourse. Last week, bearish run from the previous week overrun trading activities, dragging key performance indicators lower. Stockbrokers hint that investors riding highs and lows in the equities market are pulling out funds into the fixed income segment following higher yields on naira assets. The exit of funds hit back at the trading patterns in the Nigerian Exchange as the All-share index (NGX-ASI) dipped…

A mobility technology company, Motor Africa, and a Fintech infrastructure provider, OnePipe