For the third consecutive week, Nigeria’s FX reserves nosedived by losing $102.58 million to close last week at $41.41 billion. According to experts, the sustained downtrend...
The overnight (OVN) rate leaped to 15.3% at the close of activities in the money market last week as the Central Bank of Nigeria (CBN) debited...
Latest data by the Central Bank of Nigeria showed the country’s foreign reserves surged by $943.48 million week-on-week to touch $40.76 billion as at October 20....
Honeywell Flour Mills Plc has reported N109.5 billion revenue for the 2021 fiscal year as the sales of its pasta products rose by 40 per cent....
Access Bank Plc is holding a global investor call today (27th of September 2021) ahead of a fresh Senior Unsecured Eurobond issuance. Less than a week...
The accretion to Nigeria’s foreign exchange reserves was sustained for the second consecutive week, as it closed higher by $441.63 million week on week at $34.70...
Naira firms up by 0.13% at I&E window At the I&E Window of the foreign exchange market, the naira appreciated by 0.13 per cent...
FG to auction N150bn bonds in July The Debt Management Office (DMO) on Monday, disclosed that the Federal Government will offer N150 billionn bonds for subscription...
Naira trades flat at N502 against dollar on Nigerian streets Nigerian local currency, naira traded flat in the currency market at N502 against dollar...
CRR debits and N326bn FGN bond auction expand overnight rate to 23% The fixed income market traded in a mixed manner last week with...
CBN whets investors’ appetite ahead of N722bn treasury bills auction in Q3 The Central Bank of Nigeria (CBN) said it will sell N722 billion...
Forex sales by CBN scrape off $424.8m in foreign reserves The Central Bank of Nigeria (CBN) has said the nation’s foreign reserves dropped by...
Naira loses N2.35 as FI market treads mixed paths Activities in the fixed income market were mixed across its various segments last week during...
Bismarck Rewane forecasts respite naira at N470/$ in parallel market by July Chief Executive Officer (CEO), Financial Derivatives Company Ltd (FDC), Mr. Bismarck Rewane,...
Union Bank races to the debt market for N34.96bn short-term funding To settle its short-term financial obligations, the old yet agile horse of Union...
FMDQ admits N115bn bond of BUA Cement FMDQ Securities Exchange Limited has announced the admission of the BUA Cement Plc N115bn Series 1 Fixed...
Treasury Bills market closes in red as average yield expands by 10 points The NT-Bills secondary market closed on a negative note on Tuesdat,...
Naira sees 0.04% uptick at I&E Window Nigeria’s local currency, Naira appreciated by 0.04 per cent to close at $411.50 against the Dolla at...
Liquidity squeeze persists as CBN auctions fresh N117.6bn TB instruments The Treasury bills secondary market remained bearish this week, as the liquidity squeeze in...
FG to auction N150bn bonds May 19 The Debt Management Office on Tuesday disclosed that the Federal Government would offer N150 billion bonds for...