- 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.
It has been a dirty week as bears go on the rampage in the equities market amidst a surge in the consumer price index, benchmark interest rate and mild economic growth data. Key performance indicators tumbled by 0.52% as the Nigerian Exchange (NGX) recorded another downturn on Friday.
The Federal Government of Nigeria (FGN) has signed an Asset Sharing Agreement with the Bailiwick of Jersey for the return of 2.1 million British pounds proceeds of corruption.
Vice-President Kashim Shettima on Friday expressed readiness of the Federal Government to tap into the $130 billion global hydrogen market through partnership with the Republic of Germany.
The National Bureau of Statistics (NBS), says the average retail price of a litre of kerosene increased from N1,354.40
A Federal High Court sitting at Ikoyi, Lagos, has ordered an interim forfeiture of the sums of $4,719,054 and N830,875,611, and several properties linked to the
Lagos State to Host Africa Social Impact Summit No fewer than 5000 participants across Africa…