SEC orders NSE to lift Oando’s technical suspension
SEC orders NSE to lift Oando's technical suspension The Securities and Exchange Commission (SEC) has ordered the Nigerian Stock Exchange (NSE) to lift suspension placed on Oando Plc shares…
“African Development Bank is key to Africa’s economic development”
“African Development Bank is key to Africa’s economic development” The Southern African Governors of the African Development Bank have described the Bank as the future of Africa’s development, and…
Equities reverse downtrend, gains 0.17%
Equities reverse downtrend, gains Gains resurfaced on the Nigerian Stock Exchange (NSE), albeit marginally, as the All Share Index (ASI) inched higher by percent to 40, points, owing to…
DMO dual lists N100 federal roads Sukuk bond
DMO dual lists N100 federal roads Sukuk bond Debt Management Office (DMO), today listed N100 billion Federal Roads Sukuk bond on the floor of the Nigerian Stock Exchange and…
NAP 3.0: PEBEC receives favorable report of reforms
NAP : PEBEC receives favorable report of reforms In furtherance of Buhari administration’s reform agenda to improve the business climate in the country through its ease of doing business initiative,…
MTN may ignore Nigeria listing if conditions are not appropriate
MTN may ignore Nigeria listing if conditions are not appropriate Rob Shuter, the chief executive officer of MTN, says the company will list on the Nigerian Stock Exchange (NSE)…
Equities drop to 3-month low after Buhari eyes re-election
Equities drop to 3-month low after Buhari eyes re-election Stocks dropped to a three-month low after President Muhammadu Buhari said he would seek re-election in 2019, ending months of…
Bonds yields decline 7 basis points at 13.7%
Bonds yields decline 7 basis points at Performance in the local bond market was bullish this week as average yield declined week on week following expectations of a possible…
Naira remains stable as rates trade within tight bands
Naira remains stable as rates trade within tight bands In a bid to sustain system liquidity and maintain stability across the different segments of the market, the CBN continued…
Awash of liquidity, OBB and OVN rates trend downward; T- Bills marker bullish
Awash of liquidity, OBB and OVN rates trend downward; T- Bills marker bullish In the money market, the Open Buy Back (OBB) and Overnight (OVN) rates declined week on…