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The market value of Fidelity Bank Plc rose by more than 24% week on week as investors accumulated the tier-1 lender shares.
Interbank Rates Rise as Banks Borrow to Close Funding Gap The short-term interest rates climbed further in the money market…
ARM Securities Upgrades GTCO Target Price after Earnings Beat Investment analysts at ARM Securities Limited have raised the 12-month target…
Nigerian Exchange Declines by N84bn as Selloffs Heat Up The equities market capitalisation of the Nigerian Exchange (NGX) declined by…
CBN Auctions US Dollar as Exchange Rate Hits ‘Boiling Point’ The Central Bank of Nigeria (CBN) has launched a new…
Investors Ramp Up Treasury Bills as Market Speculates on Rates Cut The average on Nigerian Treasury bills declined in the…
Naira Depreciates ‘Back2Back’ Amidst Nigeria’s $6bn Oil Debt The naira has seen back-to-back depreciation across foreign currency markets due to…
Nigerian Bond Yield Falls Below 19% as Market Rallies The benchmark yield on the Federal Government of Nigeria (FGN) bond…
Investors Bet on FGN Bond as Negative Real Return Narrows Fixed interest securities investors demand for Federal Government of Nigeria…
The naira plummet by about 1.7% at the beginning of the week as demand and supply patterns signal FX liquidity challenge has failed to get better in the local