Interest Rate on Nigerian OMO Bills Declines
Interest rate on Nigerian OMO Bills declined amidst strong investors’ appetite for the naira assets at the primary market auction. At the last auction conducted in 2024, the Central Bank of Nigeria (CBN) set lower spot rates for OMO bills amidst rising appetite.
Foreign...
Stanbic IBTC Insurance Passes Audit Certification
Stanbic IBTC Insurance Limited announced that it has successfully passed a comprehensive audit, which has resulted in the issuance of an IQNET-recognised certificate.
The company said in a statement that he certificate confirms that Stanbic IBTC Insurance tLimited has implemented and maintained a Quality Management...
Innovation Key to Commodities Development – SEC
The Securities and Exchange Commission (SEC) says it is committed to promoting innovation and collaboration to position commodities exchanges as vital drivers of economic growth.
This is contained in a notice by the Director-General of SEC, Dr Emomotimi Agama, said on Sunday in Abuja....
Equities Investors See N609 billion Gain on Nigerian Exchange
Equities investors on the Nigerian Exchange (NGX) trading platform gained about N609 billion last week in the local bourse. The market ended the week with investors picking stocks with upside potential amidst Christmas celebrations. The local bourse keeps the trajectory uptrend,...
