FMDQ process N215trn deals in 2020 The estimated total turnover Fixed Income and Currencies (FIC) markets for the full year 2020 stood at N215.08 trillion,...
Fidelity Bank issues N41.21bn bond Fidelity Bank Plc says it has successfully issued 10-year N41.21 billion in fixed rate unsecured subordinated bond at a...
FG to auction N150bn February bonds The Debt Management Office (DMO) has said the Federal Government will auction N150 billion worth of bonds by subscription...
Ecobank Nigeria’s $300 bond carries 7.125 %coupon rate Ecobank Nigeria, a wholly owned subsidiary of Ecobank Transnational Incorporated, the parent company of the Ecobank Group,...
Exchange Rate: CBN agrees to settle February NDF at N412/$1 The Central Bank of Nigeria has revised its one-year Non-Deliverable Forwards (NDF) for which it...
FG’s January bonds oversubscribed by N88.28bn The Federal Government’s bonds for January worth N150 billion which were auctioned on Wednesday were oversubscribed by N88.28 billion,...
Analyst Insight: A Small Rise in the FGN’s Domestic Debt in Q3 2020 FBNQuest Research The FGN’s domestic debt stock amounted to NGN15.85trn (USD37.7bn at...
Fixed income yield continue to weaken as market appetite wither By Zedcrest Analysts _________________ FGN Bonds The FGN bond market continued on its sluggish note, opening...
Market appetite for fixed income securities remains weakened FGN Bond The FGN bond space market appetite for bonds dampened on Saturday compared to Friday, ending...
DISCLAIMER: CBN exposes 2 unathorised International Money Transfer Operators The Central Bank of Nigeria (CBN) has warned the general public to beware of two firms...
The Nigeria’s fixed income market closed amidst mixed sentiments on Wednesday as performances vary from the forex to the treasury bills and the bond markets. Foreign...
FX market The naira accelerated its decline against the dollar by N7 to trade at N494 per dollar on Thursday, bringing the week to date depreciation...
In a bid to strengthen the local currency, Naira, the Central Bank of Nigeria (CBN) supplied $13.99 billion into the market between January and June. The...
Amidst foggy global economic realities caused by the coronavirus (Covid- 19) pandemic-induced crisis, analysts at Coronation Research have said that Nigeria will likely return to the...
The Debt Managemy Office (DMO) has disclosed that the federal government’s bonds for the month of September worth N145 billion have enjoyed over 148 per oversubscription...
By Vetiva Analysts In line with how the COVID-19 pandemic is spurring a new normal in business and economy, the Central Bank of Nigeria (CBN) is...
The Central Bank of Nigeria (CBN) injected $11.5 billion foreign exchange (Forex) into the economy in the first three months of 2020 to boost the capacity...
Commercial Banks in Nigeria have counted loses to the tune of N122 billion ($338) as the Central Bank of Nigeria (CBN) hit them with extra ordinary...
First Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider, has graduated 28 successful candidates in its inaugural FirstBank Management Associates Programme (FMAP), virtually held...
Zenith Bank Plc has emerged the Number One Bank in Nigeria, according to a ranking done by Tier-1 Capital in the 2020 Top 1000 World Banks...