Browsing: Business
The market value of Zenith Bank Plc.’s 41.069 billion outstanding shares increased by approximately 8%, reaching N4.569 trillion, following a rapid rally that aligned with broader market trends last week.
GTCO Plc has reached a market valuation of N4.513 trillion on the Nigerian stock market, amid significant gains by its main competitor, Zenith Bank.
Cardoso’s Administrative Reform Unlocks Dormant Wealth In a decisive administrative reform with far-reaching implications for financial inclusion and consumer convenience,…
CBN Reduces Interest Rate on 364-Day Treasury Bills The Central Bank of Nigeria (CBN) has lowered the interest rate on…
The Nigerian Exchange (NGX) market capitalisation shrank on Tuesday as equity investors lost about N726 billion from their combined portfolio value due to selloffs.
African Eurobonds Issuers’ Yields Ease in Fresh Rally The average yield on Nigerian Eurobonds declined in the international debt market…
Dangote Sugar Refinery Plc’s (Ticker: DANGSUGAR) share price nosedived by 10% as investor sentiment deteriorated after an unimpressive earnings performance.
The Central Bank of Nigeria (CBN) is poised to open Treasury bills for subscription at the primary market auction on Wednesday to efficiently refinance maturing securities.
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.