- Naira Strengthens to N1,320 to US Dollar at NFEM Window
- Nigerian Stock Market Tops N160trn as Dangote Sugar Lists Shares
- Benue Signs $250m Food City Complex Deal
- Dangote Refinery Launches Landmark IPO, Targets 10m Subscribers
- SK Hynix Tokenised bStocks Jumps on Sector-Wide Tailwinds
- Meta Tokenised bStocks Price Dips as Investors Brace for Inflation
- XRP Price Declines as Fed Rate Fears Weigh on Sentiment
- UN Rights Chief Warns AI Could Become Existential Threat to Humanity
Markets
The global equities market delivered mixed performance, with US stocks closing steady
Emerging Markets to Face Middle East War Repercussions – S&P S&P Global Ratings said its…
Risk-Off Sentiment Triggers Surge in Nigeria’s Bond Yields The Nigerian Federal Government (FGN) bonds market…
The latest X-Compliance Report released by the Nigerian Exchange Group (NGX Group) points to a deeper structural liquidity challenge in Nigeria’s equity market rather than a temporary, cyclical weakness.
The average yield on Nigerian OMO bills climbed to 21.1% in the secondary market, reflecting investors’ measured decisions to adjust their holdings in these short-term investment securities.
Inflows from expired OMO bills and from deposit money banks (DMBs)’ lodgments buoyed liquidity in the financial system, investment firms said in separate market updates.
The Debt Management Office (DMO) is set to open N800 billion worth of Federal Government of Nigeria (FGN) bonds for subscription on Monday.