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Lagos
Friday, August 14, 2020
DiamondXtra season 12: Access Bank splashes N87.74m on 1,000 customers Access Bank Plc on Wednesday splashed N87.74 million on over 1,000 customers who emerged winners at the second quarterly draw of DiamondXtra Season 12 reward scheme. Mr Rob Giles, the bank’s Head, Retail Product Insight and Capabilities, said the winners emerged...
Resumption of FX Sales Could Renew Foreign Sell-Offs in Equity Market
Investors Overbid for DMO’s First Bond Auction in Q3. The Debt Management Office (DMO) first quarter bond auction in the third quarter was oversubscribed 3.6 times by investors. As expected, Chapel Hill Denham said the first bond auction drew substantial bids from investors as subscription level re
Equities market: No justification for April, May Rally – WSTC. Analysts have said that equities segment of the Nigerian Stock Exchange has slipped into correction mode after initial rally.
Money Market Funding Pressure Eased on OMO Repayment. At the money market, funding pressures eased slightly today, as open market operations (OMO) repayments of ₦92.5 billion hit the system.
"Upward Price Review of PMS Signposts Sustain Deregulation". Analysts at Chapel Hill Denham (CHD) has said the recent upward review in prices of petroleum motor spirit (PMS) otherwise call petrol signposts sustained deregulation.
Yields Plunge in Treasury Bills Market amid Excess Liquidity. Yields on government instruments trend lower in the secondary Treasury Bills market last week as Central Bank refinanced matured instrument worth ₦59.37 billion via primary market.
Stock market investors record 14.24% year to date loss
FX: Naira trades flat as external reserves settle at $33.9 billion
Insiders at Meyer, Stanbic IBTC, Others ramp up their companies’ shares