Equities investors trading highs and lows on the Nigerian Exchange (NGX) platform are currently taking positions in the local bourse ahead of the Christmas celebration.

The average yield on Nigerian government bonds cleared at 19.73% over subdued trading activities in the secondary market.

The Nigerian bonds benchmark yield rose by 5 basis points (bps) in the secondary market last week as investors trimmed holdings

The benchmark yield on Nigerian government bonds retraced as asset managers, and local deposit money banks with surging liquidity parked their free cash into debt papers.

The total assets of Nigeria’s top 5 banks surged by more than 55% year to date to settle at N146.34 trillion

African Eurobonds have been heated up with increased demand as some central bankers began to slide rates….