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Markets
The Central Bank of Nigeria (CBN) hiked rates on Nigerian Treasury bills on Wednesday, with one-year paper attracting most of the allotment.
To understand the new politics stance and other pro nationals of recent times, we should…
To understand the new politics stance and other pro nationals of recent times, we should…
To understand the new politics stance and other pro nationals of recent times, we should…
Selloffs in MTN Nigeria, FBN Holdings and some other stocks dragged the Nigerian Exchange market capitalisation down
Investors reacted negatively, trimmed their Nigerian treasury bills (NTB) holdings in the secondary market following successive spot rates cut at the Central Bank of Nigeria’s (CBN) primary market auction last week.
Equities investors gained about N53 billion on Friday as the Nigerian Exchange, NGX, recorded 32 risers, 17 decliners. Consequently, the All-Share Index rose by 0.09% to close at 99,925.88 points, with the year-to-date return of the index climbing to 33.64%.