Browsing: Investors

The benchmark yield on Nigerian Treasury Bills has expanded further amidst selloffs pressures in the secondary market. At the close of the trading session on Wednesday, the yield shifted upward by 20 basis points to 11.1% as investors’ risk appetite continued to shift.

In just two days’ rallies, Airtel Africa Plc’s share jumped by about 21% to N6.4 trillion, according to data from the Nigerian Exchange. Investors took positions in the stock despite a weak earnings performance spooked by higher net finance costs.