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News
Sell pressure in Oando, Wema Bank, and other decliners dragged the Nigerian Exchange (NGX) All-Share Index
NBET Finance Company Plc has listed N500 billion fixed rate bonds on the FMDQ Exchange, according to an official statement.
The naira fell against the US dollar at the Nigerian Foreign Exchange Market (NFEM) window for the third consecutive trading session amid growing FX payments from eligible market participants.
The Central Bank of Nigeria (CBN) floated a fresh OMO bill for subscription on Tuesday, aiming to raise N600 billion across three tenors.
FirstHoldco Plc’s market value fired up in the stock market, gaining about 17% in two days as investors positioned in the financial services company.
Nigerian Exchange (NGX) expanded further on Tuesday, with investors gaining N1.36 trillion as pension funds continued to flood the local bourse.
Dr Olumide Olusanya, the Chief Executive Officer of Gloopro, says Nigeria risks falling behind globally if businesses fail to embrace digital procurement transformation and structured supply chain systems.