Stockbrokers hail Nigeria’s return to S&P Frontier Watchlist
Stockbrokers hail Nigeria’s return to S&P Frontier Watchlist The Chartered Institute of Stockbrokers and the Association of Securities Dealing Houses of Nigeria have welcomed the decision of S&P Dow Jones Indices to place Nigeria on its 2027 Watchlist for potential... Read More →
Stock market rebounds as capitalisation jumps N719bn
Stock market rebounds as capitalisation jumps N719bn The Nigerian equities market rebounded on Tuesday to close higher, snapping its two-day losing streak as the overall market capitalisation advanced by N719bn. The All-Share Index gained 1,121.33 points, representing a 0.46 per... Read More →
FG targets N1.2tn in latest bond offer
FG targets N1.2tn in latest bond offer The Federal Government of Nigeria is returning to the domestic capital market to raise N1.2tn through the reopening of three Federal Government of Nigeria bond instruments. The announcement, detailed in a Debt Management... Read More →
Dollar weakens as rate fears ease, oil stable
Dollar weakens as rate fears ease, oil stable The dollar slid Tuesday after a drop in US inflation dented expectations of an interest rate hike later this month. Oil prices had jumped sharply on fresh Iran-US strikes, with two ships... Read More →
CBN plans N750bn T-Bills auction to tighten liquidity
CBN plans N750bn T-Bills auction to tighten liquidity The Central Bank of Nigeria is gearing up to raise N750bn from the Nigerian Treasury Bills primary market auction on Wednesday, as the apex bank intensifies its aggressive liquidity mop- up. Market... Read More →