- Sterling Financial Holdings Set to Resume Trading After 10-Day Suspension
- FirstHoldCo Shrinks by 5% on Pre-Earnings Sell Pressure
- Central Bank Sells N3.3tn in Nigerian OMO Bills to Investors
- CBN Begins Q4 Auction, Opens N900bn Treasury Bills for Sale
- Stockholders Lose N256bn as FirstHoldco, Unilever, Honeywell Dip
- XRP Establishes Price Floor Ahead of Evernorth Nasdaq Listing
- Bitcoin Price Ticks Up on Strive Asset Management Accumulation
- PenCom Advances Pension Administration With New Reforms
Economy
Global equities markets rose as expectations for U.S. Federal Reserve rate hikes eased, with technology and AI stocks
African Eurobonds Issuers’ Yields Ease in Fresh Rally The average yield on Nigerian Eurobonds declined…
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.
Oil prices are set to jump sharply when trading resumes Sunday night, as unprecedented U.S. and Israeli strikes on Iran have intensified Middle East tensions.