Nigeria has initiated a $2 billion dollar-denominated bond program targeting domestic investors to bridge infrastructure finance gaps. The program, arranged by United Capital Plc, is designed...
The Nigerian equity market continued its downward spiral on Thursday with investors losing N56 billion by the close of business. This latest decline extends the market’s...
The Nigerian government has launched a $500 million tax-exempt bond, targeting both domestic and foreign investors. Announced on Thursday by the Debt Management Office (DMO), this...
The Nigerian equities market continued its downward trend on Wednesday, its third consecutive day of losses as investors increasingly adopt a risk-off stance. The All-Share Index...
Nigerian government bond yields have dropped to 20.01% as of Monday, a significant shift in the local debt market driven by a surge in investor demand....
The Nigerian Exchange rebounded on Thursday with market capitalisation soaring to N55.709 trillion. This increase was propelled by gains in key stocks, particularly Unilever Nigeria and...
The Nigerian equities market closed in the red on Tuesday, shedding 0.67% and resulting in a loss of approximately N371 billion. The negative trend was driven...
Despite the gradual reopening of businesses across Nigeria as protests ease in Africa’s most populous nation, the equities market opened the new week on a negative...
Global stocks showed a strong rebound on Tuesday following a tumultuous day driven by US recession fears, which had sent investors scrambling and caused a global...
Nigeria’s equities market recorded its first positive close of the week on Friday, August 2, 2024, with the Nigerian Exchange Limited (NGX) All-Share Index rising by...