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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.
Equities analysts at Afrinvest Securities Limited, in their stock recommendation for the new week, advised investors to reduce their interest in Zenith Bank
Aradel Holdings and Seplat Energy Plc would be paying a quarterly dividend to their shareholders on Wednesday, according to details from corporate actions for the week.
This week, the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) is anticipated to raise the benchmark interest rate by 50 basis points to 27.75%,
Trading activities at the Nigerian bonds secondary market ended on a mixed note amidst interest rate hike expectations in the new week.
Despite the intervention of the monetary authority, the exchange rates of the Nigerian local currency,
After the spot rate on one-year bills was raised by 50 basis points to 23.50% at the primary market auction last week,