- Yield on FGN Bonds Climbs 77bps as Investors Trim Holdings
- T+1 Settlement Tightens Risk Window — EBC Flags Danger After SEC Stops Dangote IPO Promotion
- Oil Prices Rise on Tit-for-Tat US, Iranian Strikes
- XRP Target Price Shifts as Ripple Eyes $16trn Payments Volume
- CBN Mops Up N4.8trn from Two High-Ticket OMO Bills Auctions
- Dangote Cement Opens at 19% Discount to 52-Week High
- FirstHoldco Surges by10% as Investors Buy the Dip
- Zenith Bank Rallies as Investors Chase Upside Potential
News
Trading activity in Federal Government of Nigeria (FGN) bonds was bearish, as investors trimmed holdings across the curve in the secondary market amid repricing at the Debt Management Office (DMO) auction for the month.
The Nigerian Aviation Handling Company Plc (NAHCO aviance) says it aims to reach N100 billion in revenue over the next five years while focusing on diversifying
FBN Holdings Plc’s (Ticker: FBNH) market value shrank by about 11% as some shareholders reacted negatively to its board of directors decision to slash final dividend by 20%.
Shareholders of the Central Securities Clearing System (CSCS) on Friday approved total dividend of N7.5 billion for the financial year ending December 31, 2023, as against N6.85 billion paid out in 2022.
The Central Bank of Nigeria (CBN) hiked spot rate on its one year open market operations bills (OMO) by 99 basis points to 22.49%, details from latest primary market auction results showed..
The Marketing & Media Solutions (MMS) agency and PC Plus Group announced Afrosports as the host broadcaster for the 2026 FIFA World Cup. Afrosports’ Content Director, Deji Omotoyinbo, announced this at a news conference in Lagos.
The Nigerian local currency, the naira, registered a marginal gain against the US dollar in the forex market on Friday as FX scarcity pressures eased