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T-bills: Investors Defy Interest-rate Crash, Invest N533.93bn

T-bills: Investors Defy Interest-rate Crash, Invest N533.93bn   Investors have oversubscribed to the Treasury Bills auctioned by the Central Bank of Nigeria to the tune of N383bn (or 254 per cent), despite a further crash in interest rates. The CBN recorded a total subscription of N533.93bn on...

In 11 Months, Investors Reap N112bn From Bonds

In 11 Months, Investors Reap N112bn From Bonds   The Federal Government has paid a total of N112.42bn as interest on fresh bonds issued from July 2018 to May 2019, data obtained from the Debt Management Office has shown. The interest payments were made between January and...

Lagos Govt, Others Woo Chinese Textile Investors

Lagos Govt, Others Woo Chinese Textile Investors   More Chinese investors may be on their way to Nigeria as the Lagos State Government and other leaders in the business groups are beckoning on them to be part of the new efforts at industrialising the nation. Specifically, the...

Investors Resume Sell-offs As Market Loses N68.2bn

Investors Resume Sell-offs As Market Loses N68.2bn   Investors in the nation’s stock market have resumed sell-offs as the market reverted to its losing trend, shedding N68.2bn in one day. Major sell-offs were witnessed in MTN Nigeria Communications Plc, Guaranty Trust Bank Plc and Lafarge Africa Plc,...

In Four Months, Domestic Bond Investors Receive N190bn Interest

In Four Months, Domestic Bond Investors Receive N190bn Interest   Investors in the bonds issued by the Federal Government received about N190bn as interest between April and June this year. Investors that subscribed to domestic bonds issued by the Federal Government earned about N190bn as interest within...

In Nine Months, Investors Staked N178trn On Securities

In Nine Months, Investors Staked N178trn On Securities   Investors traded a total of N117.99 trillion securities in the fixed income and currency market between January and September 2019. According to figures released by FMDQ Securities Exchange Plc, N19.20 trillion was transacted in September alone, which...