The Federal Government has announced an offer for subscription by auction of two re-opened Federal Government of Nigeria (FGN) bonds totalling ₦300 billion. In a statement, the Debt Management Office…
Asian markets were mixed and gold hit another record high Wednesday as trade war worries cast a shadow and geopolitical concerns returned to the fore. The tepid start to the…
1. EQUITIES MARKET 1.1 NGX – Listed Equities Despite the moderation in inflation, Nigeria’s stock market maintained its bearish momentum. The NGXASI fell 40 basis points, closing at 105,375.69 points…
Gold hit another record high above $3,000 on Tuesday, with investors seeking the metal as a haven from risk as conflict flared in the Middle East and U.S. President Donald…
Oil prices rose slightly on Monday following concern over a global economic slowdown driven by escalating trade tension between the United States and other nations. Brent futures rose 41 cents…
European and Asian stock markets started the week on the front foot on Monday as investors welcomed China’s plans to kick start consumption in the world’s number two economy amid…
TAJBank, a non-interest bank, says it is finalising arrangements to raise the sum of ₦20 billion Mudarabah Sukuk bond to beef up its Additional Tier 1 capital. The Founder/Chief Executive…
The Securities and Exchange Commission (SEC) has announced the suspension of Centurion Registrars Limited, along with its directors and sponsored individuals from the capital market. The suspension was announced by…
During the week, investors on the Nigerian Exchange Ltd. (NGX) traded 3.281 billion shares valued at N63.517 billion across 60,782 transactions. This is an increase compared to the previous week,…
Gold rose above $3,000 for the first time Friday as President Donald Trump’s trade wars boosted demand for safe-haven assets, while stock markets bounced on signs US lawmakers would avert…