The average yield on Nigerian Treasury bills (NTB) rose moderately to 7% as cash tasty deposit money banks (DMBs), fund, and asset managers offloaded their holdings...
The Nigerian Naira experienced a significant decline against the US Dollar in the black market, settling at an average exchange rate of N760/$1 on Monday, May...
In line with its mandate to promote investor participation in Nigeria’s capital market, enhance secondary market, Nigerian Exchange Limited (NGX) in collaboration with Afrinvest is set to...
Nigerian Breweries Plc has revealed a plan to raise N25 billion from commercial paper issuance to support the company’s short-term working capital and other funding needs....
After a one-week breather, Nigeria’s foreign exchange (forex) reserves reversed to its recent negative trend, dropping by $79.77 million to close weekend at a new low of...
The gap between the Nigerian naira exchange rates at the investors, exporters’ window and parallel market printed lower at N278 per United States (US) dollar. Creating...
Guaranty Trust Holding Company (GTCO) Plc, the holding company for Guaranty Trust Bank and other subsidiaries, recorded marginal decline in profitability in 2022 as pre-tax profit...
Nigeria’s financial markets were in a tailspin at the weekend amid concerns over macroeconomic outlook and dodgy currency risks. Consequently, the naira fell across the official...
Lekki Gardens Estates Limited has redeemed and repaid N3.48 Billion Series 1 (Tranche A) Commercial Paper issuance under the N25 billion Commercial Paper Programme to investors...
Lagos Free Zone Company (LFZC), the first private free zone in Nigeria with a fully integrated deep sea port has announced the successful issuance of a...