Author: Marketforces Africa

Bond rate slides 5 basis points Monday as investors’ sentiments in the Nigerian debt market

Nigerian Exchange (NGX) sustains positive tempo into the second trading session

Fidson Healthcare Plc quotes N4.5 billion first series of its commercial paper

Sub-Saharan Africa region’s economic recovery would hold back over

Investment banking experts at Afrinvest have seen the implementation of the National Poverty Reduction

Equity analysts have advised investors to sell FCMB Plc. (Ticker: FCMB) as liquidity

The Department of Petroleum Resources (DPR), yesterday, announced..

Stocks appreciate by N111 billion on Friday after 9-day loss-making streaks …

Nigeria’s Deteriorating Situation Sufficient Reason for Restructuring Amidst increased clamouring for reforms, investment experts at Cowry Asset Management have said Nigeria’s deteriorating situation provides enough grounds for the country to be restructured; gives more control to state governments that are closer to the people. The investment firm stated this in a macroeconomic note this weekend, saying that the central policing system has failed given the country’s landmass and population. Recall that the Nigerian senate committee on constitution review holds public hearings amid calls for restructuring. According to Cowry Asset, the calls for restructuring, creation of state police, devolution of power…

Amidst renewed interest on long-dated instruments, the interest rate on government bonds