Tag: Bond
Nigerian Bond Yield Climbs to 19.78% Ahead of Fresh Supply
The average yield on Nigerian government bonds surged by 2 basis points to close at 19.78% in the secondary market ahead of fresh supply. Trading activities were subdued last week, with minimal trading activity at the short end (+4 bps) of the curve as markets await further details on Debt Office local borrowings for 2025.
Presco Offers Investors N100 Billion Bond for Subscription
Presco Offers Investors N100 Billion Bond for SubscriptionPresco Plc is in the debt capital market to raise up to N100 billion via bonds offering...
Nigerian Bonds Yield Rises as Investors Trim Holdings
Nigerian Bonds Yield Rises as Investors Trim HoldingsThe Nigerian bonds benchmark yield rose in the secondary market as local investors trimmed holdings ahead of...
Benchmark Yield Rises as Investors Scale Back on Nigeria Bond
Local investors in the Nigerian bond market scaled back as portfolio rebalancing efforts persisted. Investors trimmed their positions or holdings in FGN bonds in the secondary market. Notably, sell-side action transactions outpaced moderate buying experience.
Nigerian Bond Trading on Hold Ahead of Inflation Data
Nigerian Bond Trading on Hold Ahead of Inflation DataThe average yield on Nigerian government bond was steadied in the secondary market due to subdued...
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MTN Nigeria Halts Negative Earnings, Profit Soars by 134%
MTN Nigeria Halts Negative Earnings, Profit Soars by 134%MTN...
Nigerian Bonds Yield Steady after DMO Auction Pricing
Nigerian Bonds Yield Steady after DMO Auction PricingThe benchmark...
Naira Rises as External Reserves Pick Up Again
Naira Rises as External Reserves Pick Up AgainThe Nigerian...
MTN Nigeria Slumps by 6% in Huge Cross Deal Volume
MTN Nigeria Slumps by 6% in Huge Cross Deal...