UAC of Nigeria PLC (UAC) has announced the successful completion of its ₦18.7 billion Series 1 and 2 Commercial Paper issuance CP), the debut issuance under...
The country’s external or foreign reserves hit a seven-month low after falling to $38.57bn as of May 25, 2022, figures obtained from the Central Bank of...
In line with rife expectations by investors in the Nigeria’s Fixed Income (FI) Market, the overnight (OVN) rate expanded by 424 basis points last week to...
The Debt Management Office (DMO), on Monday announced the offer of two Federal Government of Nigeria (FGN) bonds for subscription. The first offer is a two-year...
Below is the commentary on the Foreign Exchange (FX) market with data for the week-ended April 22, 2022. The table following the commentary compares weekly turnover for...
There was respite for naira, the country’s local currency after the Nigeria’s foreign reserves added $84.25 million to hit $39.635 billion last week. Business Metrics found...
With sustainable finance gaining momentum globally, governments and corporate issuers are paying increasing attention to environmental, social and governance (ESG) factors, and investors, regulators and other...
Dangote Cement PLC has obtained approval from its Board of Directors to access the Capital Markets for medium to long-term debt funding under its N300 billion...
Veritasi Homes and Properties, a foremost real estate company in Nigeria, has signed its Commercial Paper (CP) programme worth N10 billion. The CP programme was approved through...
Guaranty Trust Holding Company Plc (GTCO Plc) has reported that its Profit Before Tax (PBT) stood at ₦221.5 billion in 2021, representing a dip of...
Transcorp Hotels Plc has announced its Audited Financial Statements for the full year ended December 31, 2021. The results published on the Nigerian Group Exchange showed a 114% growth in...
United Capital Plc has announced its audited financial statements for the year ended December 31, 2021 with profit after 44.14 per cent to N11.26 billion compared...
The Bank of Industry (BOI), assisted by Rand Merchant Bank (RMB) has issued a EUR700m Eurobond by way of 144A/RegS Senior Note Participation Notes, irrevocably and...
Investment analysts have identified planned N150 billion bond auction by the Debt Management Office (DMO) and figures from Consumer Purchasing Index (CPI) as determinants of investment...
Investors committed about N3.36 trillion to Federal Government bonds between January and December 2021, according to an analysis of the FGN Bond Auction results available on...
Nigerian Exchange Limited (NGX) has announced the listing of the Federal Government of Nigeria (FGN) $4 billion FGN Eurobonds on its platform on Monday, 31 January...
The Nigeria local currency commenced the year on a positive note on Tuesday, 4th of January 2022 as the local currency edged up against the greenback....
The outcome of trading activities ended in the mix across the fixed income space last week as bond and OMO investors largely hung around on the...
Amid mixed sentiment in the Nigerian fixed Income market, the overnight (OVN) rate in the money market contracted by 433 basis points week-on-week to 3.0%, last...
The money market is placed on high expectation to remain elevated in the double-digit region this week following expected debits by the Central Bank of Nigeria...