- President Tinubu Orders ICPC to Investigate “Presidential Foreign Intervention Promotion Council”
- Naira Heads South as Interbank FX Turnover, Deal Count Rise
- Airtel Africa Makes History, Market Value Tops N21trn
- CBN Hikes Interest Rates on Treasury Bills, Allots N1.1trn
- WHO Warns Global Cancer Cases May Hit 35m by 2050
- NUPRC Hands Petroleum Prospecting Licences to 12 Firms
- Airtel, Dangote Cement Boost NGX Index, Investors Gain N3.45trn
- Osinbajo Emerges NCF BOT President, Vows Stronger Climate Action
Markets
Trading in Nigerian government bonds was mostly bearish, with investors trimming positions
Pension Fund Administrators (PFAs) parked 63% of pension assets in federal governPension Fund Administrators (PFAs) parked 63% of pension assets in federal government debt securities as assets under management climbed to N20.2 trillion in May.ment debt securities as assets under management climbed to N20.2 trillion in May.
Ecobank Advises Businesses to take advantage of its Single Market Trade Hub
Investors sold off part of their bond holdings in the secondary market on Wednesday ahead of inflation data for the month of June, 2024.
With relatively healthy buying interest, GTCO, Access Holdings and UBA Plc were among other Nigerian banking names driving momentum on the Nigerian Exchange (NGX) during early trading hours on Wednesday.
The average yield on Nigerian Treasury bills (NTB) climbed by 68 basis points as deposit money banks, and other authorised dealers in the fixed income market reduced their holdings amidst spot rates adjustment expectations.
To understand the new politics stance and other pro nationals of recent times, we should…