- Ripple Dips Amidst Surge in XRPUSD Long Position on Bitfinex
- VAT Income Boosts Nigeria’s Non-Oil Economy, Analysts Positive on Outlook
- Dangote Cement Plans Capacity Boost, Targets 20% Emission Cut
- CBN to Open N700bn in Treasury Bills for Subscription, Rates to Stay Elevated
- Naira Destiny Ties to Hot Money Equation – High Interest Rate, Foreign Capital
- Investors Lose N1.80trn as Bear Run Hammers NGX Index
- XRP Extends 7-Day Gains, Price Rises to $1.18
- Cryptocurrencies Rally as U.S. M2 Money Supply Tops $23trn
Finance
Investors’ whetted appetites dragged the average yield on Nigerian Treasury bills down by 15 basis points, according to a market update released by Afrinvest Securities Limited.
NG Treasury Bills Market Turns Green, Yield Dips Reflecting an…
Nigeria’s 33 recapitalised deposit money banks (DMBs) sourced 72.5% of their combined capital injections locally over two years, the Apex Bank said in an official statement.
DMO Offers 15.74% on 2033, 2034 Reopened Bonds Nigeria’s Debt Office has priced local bonds…
The Nigerian naira falls for the fourth consecutive trading session in the foreign exchange market, as the Central Bank’s large US dollar purchases signal a move to curb a strong local currency.
Nigerian Exchange (NGX) market capitalisation inched near N126 trillion on Monday, as equities investors gained more than N791 billion in an ongoing bargain hunting.
Tier-1 banks: GTCO, Zenith, First Holdco, UBA, and Access Plc added N778 billion to their combined market value (MV) in the Nigerian stock market as investors stepped up actions.
SCM Capital Asset Mgt Limited’s Fund (the Frontier Fund), an open-ended unit trust scheme that offers investors the opportunity and flexibility to pool resources and optimize returns through the earning power of volume investing, has announced a plan to pay unitholders N18 per unit.
Nigerian treasury bills (NTB) yield fell in the secondary market after more than half of the total subscription at the midweek auction was rejected by the authority.
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