Browsing: Financial Market
The U.S. International Development Finance Corporation (DFC) committed more than $3.7 billion in
Fitch Ratings has downgraded Nigeria-based Coronation Merchant Bank Limited’s (CMB) Long-Term Issuer Default Rating (IDR) to ‘CC’ from ‘B-‘ and its Viability Rating (VR) to ‘cc’ from ‘b-‘.
Equities analysts at Afrinvest Limited have kept shares of Fidelity Bank, FBNH and Stanbic IBTC on sell recommendation due to weak upside potential, detail from its week stock recommendation shows.
Trading activities in the fixed interest securities closed on a mixed sentiment in the secondary market …
The average yield on the Federal Government of Nigeria (FGN) bonds instrument settled at 14.1% midweek
Trading activities in the fixed-income securities market were mixed Thursday as investors continue to optimise …
The Debt Management Office (DMO) says it is set to expand its capital market offering, by listing its N130 billion Sovereign Sukuk on the Nigerian Exchange Ltd. (NGX) and the FMDQ Securities Exchange Ltd.
The average yield on Nigerian Treasury bills rose sharply by 281 basis points Thursday following selloffs in the short …
The average yield on Nigerian Treasury bills settled at 4.34% Thursday in the secondary market …
The average yield on Nigeria’s 10-year bond declined to 12.94% midweek due to increasing demand