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    Home - Inside Africa - Page 945

    Investors Increase Bond Holdings as Supply Shrinks

    Ogochukwu NdubuisiAugust 18, 20240

    The Nigerian bond market rallied, with investors increasing their bets on naira assets over first disinflation in 19 months and decline in supply by the debt

    Nigeria’s Sovereign Eurobond Yield Slides to 10.3%

    Ogochukwu NdubuisiAugust 18, 20240

    The average yield on Nigeria’s sovereign US dollar bond climbed as foreign portfolio investors increased positions, and raised bets in the international market

    Liquidity: Money Market Rates Fall as Banks Borrow N1.8trn from CBN

    Ogochukwu NdubuisiAugust 18, 20240

    Nigerian deposit money banks (DMBs) borrowed more than N1.8 trillion from the Central Bank of Nigeria’s (CBN) standing lending facility to augment liquidity

    Ecobank Fintech Challenge Finalists to Compete for $50,000

    Ogochukwu NdubuisiAugust 18, 20240

    Ecobank, a pan-African financial services group, has announced that the finalists in its fintech challenge have advanced to the $50,000 cash prize round

    TotalEnergies Hits 52-Week High after Earnings Beat

    Ogochukwu NdubuisiAugust 18, 20240

    TotalEnergies Plc saw a strong valuation surge in the equities market as investors ramped up oil stock last week.  The company’s market value grew by about 20%

    Tier-1 Banks Market Value Declines to N4.8Trn

    Ogochukwu NdubuisiAugust 18, 20240

    Sell pressures on Nigerian big banks dragged their combined market valuation lower to about N4.8 trillion at the end of the just concluded week, data tracked by

    Naira, FX Reserves Fall Ahead of $500m Domestic Bond Sales

    Ogochukwu NdubuisiAugust 18, 20240

    Ahead of $500 million domestic US dollar bond sales, the naira exchange rate plunged while the external reserves balance nosedived, according to data.

    N5Trn Debt: AMCON Gets Backing to Go After Debtors Irrespective of Status

    Marketforces AfricaAugust 18, 20240

    N5Trn Debt: AMCON Gets Backing to Go After Debtors Irrespective of Status The Asset Management Corporation of Nigeria (AMCON) has…

    R.T. Briscoe Nigeria Tops Performers Chart, Gains 34%

    Marketforces AfricaAugust 18, 20240

    R.T. Briscoe Nigeria Tops Performers Chart, Gains 34% R.T. Briscoe Nigeria PLC, a diversified holding company, saw significant price movement…

    Alleged misconduct: 27 High Court Judges to face probe panels

    Ogochukwu NdubuisiAugust 18, 20240

    The National Judicial Council (NJC) has constituted four probe panels to investigate 27 high court judges in the country over alleged judicial misconduct.

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