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MarketNews
Nigerian OMO bills auctioned by the Central Bank last week attracted N6.1 trillion from investors chasing double-digit returns on naira-denominated assets.
The average yield on Nigerian Treasury bills declined by 90 basis points (bps) in the secondary market as investors increased bets on naira assets, prompting sharp repricing.
The financial system liquidity increased as deposit money banks (DMBs) parked funds…
Ecobank Rallies Ahead of First Quarter Earnings Release Ecobank Transnational Incorporation (Ticker: ETI) rallied in…
CBN Reduces Nigerian Treasury Bills Offer after Under Allotment The Central Bank of Nigeria (CBN)…
Taking the top seat as the largest single shareholder, Femi Otedola, First Holdco chairman, has raised his direct interest in the group by 4121% in 12 months to 1.689 billion units, according to audited financial statements released. Indirect shares credited to Otedola also increased by about 28% to 2.543 billion units.
Market Wrap: NGX Index Declines as Stockholders Lose N207bn The Nigerian Exchange (NGX) All-Share Index…
Google Opens Application for 2025 African Startups Programme Google has opened applications for the 2025…
Foreign Investors Hunt after Nigeria’s Eurobonds, Yields Ease Reversing the previous fast and furious sell-down,…
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