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MarketNews
The Central Bank of Nigeria (CBN) allotted OMO bills to match the aggregate subscription from investors seeking high-yield naira assets at the primary market auction.
Nigerian deposit money banks (DMBs) placements at the Central Bank of Nigeria (CBN) Standing deposit Facility (SDF) window edged higher on midweek as the authority slowdown aggressive liquidity management action.
Excess liquidity in the Nigerian financial system surged about 33% after heavy OMO bill
MeCure Industries Value Drops by 19% as Investors Unload Shares Pharmaceutical company Mecure Industries market…
Unilever Nigeria Plc’s stock market valuation surged to new 52-week highs on the Nigerian Exchange (NGX) as a result of investors’ bets on the company in anticipation of robust future earnings and dividends.
Cadbury Nigeria’s Plc market value increased significantly on the Nigerian Exchange as investors staked huge bets on the consumer goods index. The stock rallied as investors’ sentiments improved as Cadbury Nigeria’s parent company raised stake.
Lafarge Africa Plc’s market value increased by about 29% as investors circled around the cement company’s stock on the Nigerian Exchange trading platform.
Eunisell Interlinked Plc skyrocketed by about 61% as investors kept taking positions in the technology services company. From N11.99 at the start of the week, the market price of Eunisell Interlinked shares increased to N19.27 on the Nigerian Exchange.
Equities investors in the Nigerian Exchange (NGX) saw about N77 billion gain in the just concluded week. Due to bargain hunting spread over the trading sessions, the All-Share Index (ASI) edged up by 0.11% week-on-week to close at 97,829.02 points.