Tariff: Telecoms Operators to Begin Service Shedding – ALTON The Association of Licensed Telecommunications Operators of Nigeria (ALTON) on Monday…

MRS Oil Hits 52-Week High after Deal with Dangote Refinery MRS Oil market value jumped by 21% despite a short…

MTN Nigeria Crossed N4 Trillion Ahead of Q4 Earnings MTN Nigeria Plc has again crossed N4 trillion market value in…

Investors showed significant buying interest on some financial stocks – banking and insurance names – in the local exchange last week. Demand for financial stocks increase generally ahead of fourth quarter of 2024 earnings release.

FCMB Public Offer Records 34.3% Over Subscription Diversified financial services group, FCMB Plc, has announced a decision to allot 19.802…

The naira saw a weekly gain in the foreign exchange markets amidst a $2 billion currency swap deal between Nigeria and China.

The average yield on the Nigerian U.S. dollar bond advanced slightly due to offshore investors that were repositioning

The average yield on Federal Government of Nigeria (FGN) bonds saw a marginal increase in the secondary market over soft sell pressure, resulting in a slight uptick in the average yield to 19.75%.

The spot interest rate on the Nigerian Treasury bill was adjusted upward by 10 basis points (bps) at the primary market auction sales on Friday. MarketForces Africa reported that the Central Bank of Nigeria (CBN), through the Debt Management Office (CBN), auctioned N332.53 billion to investors.

Derivative, Contractors Inflows Ease Pressure on Interbank Rates Interbank rates eased in the money market as derivatives, contractors, and other…