- Nigeria Yields Hold Firm as Investors Pivot to OMO Bills Auction
- NVIDIA Tokenised bStocks Climbs as NVDA Rebounds
- Oil Prices Rise as Markets Brace for Nuclear Strike Against Iran
- ARM Investment Managers Lists N10bn Series 1 Private Debt Fund on FMDQ
- Excess Liquidity in Nigerian Banking System Hits N10trn
- XRP Price Up on Upcoming Ripple Ledger Fix, Volume Support
- Federal Govt. Policies Raise Nigeria’s Exports by 25%- Dantsoho
- Reforms Boost Nigeria’s Crude Production by 600,000 bpd – Ojulari
News
Trading in Nigeria’s Open Market Operation (OMO) and Treasury bills segments was subdued in the secondary market
FMDQ Securities Exchange Limited has officially approved the listing of DLM SPV PLC’s ₦7.30 billion Series 1 (Tranche A) and ₦1.70 billion Series 3 (Tranche B) Plain Vanilla Returns Sovereign Bond-Backed Composite Notes under its ₦30.00 billion Medium-Term Notes Programme.
Risk-Off Sentiment Triggers Surge in Nigeria’s Bond Yields The Nigerian Federal Government (FGN) bonds market…
Dangote Sugar Refinery Plc’s (Ticker: DANGSUGAR) share price nosedived by 10% as investor sentiment deteriorated after an unimpressive earnings performance.
Jaiz Bank Plc faced a significant selloff, with its market value plunging 10% as investors offloaded shares associated with Islamic finance.
The Central Bank of Nigeria (CBN) hiked the discount rate on Nigerian Treasury bills with 364-day maturity by 83 basis points to 16.73% at the main auction conducted on Wednesday.
Selloffs in Dangote Sugar Refinery, Jaiz Bank, and other decliners dragged the Nigerian Exchange (NGX) market capitalisation down by about N102 billion on Wednesday.