- No Date Yet for IPO, Listing Decision Rests with Stakeholders – NNPC
- OMO Bills: CBN Raises N4.7T from Investors as Subscription Hits N6.4T
- NVIDIA Tokenized bStocks Dips as Investors Book Profits
- Kora Adds Stablecoin Payments for African Merchants Through One Rail
- NGX Index Slumps as GTCO, BUA Shareholders Trim Holdings
- Refiners Secure 112m Barrels Out of 182m Offered – NUPRC
- NNPC Profit Rises 33% to N7.2 Trillion, Increases Dividend
- NNPC Sustains Supply to Dangote Under Naira-for-Crude Arrangement -GCEO
MarketNews
The Central Bank of Nigeria (CBN) raised about N4.7 trillion (N4,686,266,639,000) from fixed-interest securities investors through OMO bill allotments across three maturities.
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.
Oando Jumps by 451% in Q3-2024 on Successful Acquisition Investors’ attention has been drawn to…
Caverton Offshore Support Group Plc topped the list of best performing stocks on the Nigerian Exchange in September, according to stockbrokers notes.
GCR Affirms Sterling Bank Rating with Stable Outlook GCR Ratings has affirmed Sterling Bank Limited’s…
It has been long since the equities market witnessed an impactful dividend surprise by a banking group until UBA Group played a fresh dividend payment card that put its rivals into checkmate.
Interbank rates dropped as liquidity pressures in the financial system eased on Monday.
Naira Mixed as Nigeria’s External Reserves Cross $38 Billion The Nigerian local currency, the naira,…