Browsing: Nigeria

Yield on Nigerian Bonds Increases by 4bps to 18.57% The average yield on Nigerian government bonds climbed by four basis…

Naira Extends Rally on Declining Foreign Reserves The Nigerian local currency, the naira, appreciated against the US dollar by six…

The equities market opened the week on a negative note as investors continued to dump stocks amidst the 2024 earnings festival in the local bourse. However, key performance indicators showed mixed outcomes. The Nigerian Exchange (NGX) All Share index  fell 0.34% to settle at 107,455.13 points on the back of sell pressures in INTBREW (-5.66%), UCAP (-9.91%), ACCESSCORP (-2.54%), and FBNH (-3.24%).

Naira Stability, Soft Inflation Boost Private Sector Activity in Feb -PMI Nigeria’s private sector activity improved in February due to…

PZ Cussons Nigeria Plc topped stock market performers with more than 31% gain over the last five trading session on the Nigerian Exchange (NGX) trading platform.

CBN to Open N650bn Nigerian Treasury Bills for Subscription The Central Bank of Nigeria (CBN) is scheduled to conduct a…

Naira Registers Slight Gain as CBN Turns Off FX Tap Briefly The naira held strong against the US dollar in…

Oando Plc. market value cracked further, albeit, slightly as the indigenous energy company struggle to keep the momentum.

Gold Retreats as Dollar Strength Weighs, Investors Reposition Gold continues to decline, heading towards its lowest levels in nearly 20…

Dangote Cement Grows Profit by 10%, Declares N30 Dividend Dangote Cement Plc grew profit by 10.46% year on year to…