How FG Borrowed N1.94trn From Bond Investors   The Federal Government borrowed a total of N1.94trn from bond investors in the first quarter of 2025, an analysis of bond auction results released by the Debt Management Office (DMO) showed. However, the amount was raised through Federal Government...

Equity Market Suffers N31bn Loss as Investors Sell Off   The Nigerian Exchange Limited (NGX) extended its losing streak on Thursday, as investors recorded a N31bn decline in market capitalisation. At the close of trading, the All-Share Index dipped by 0.05 per cent to settle at 105,426.12...

Investors Lose N77bn as Equity Market Dips   The Nigerian equity market reversed its previous gains, recording a N77bn loss at the close of trading on Tuesday as investor sentiment weakened. The market capitalisation of the Nigerian Exchange Limited declined to N67.02tn from N67.1tn recorded in the...

FG Opens Offer For $500m Domestic Bond, Bars Cash Payment   The Federal Government, through the Debt Management Office, has opened offers for its dollar-denominated domestic bond of $500m. It was issued at an interest rate of 9.75 per cent per annum for a tenor of five...

Mr. Bismarck Rewane, the Chief Executive, Financial Derivatives Company Limited, has warned that the inconsistencies in the federal government’s policies are taking a toll on the economy as well as investor confidence.  

Nigerian Equities Open With N304bn Loss   Nigerian equities opened this week with a continuation of bearish sentiment as investors sought to lock in gains into fixed income securities. Benchmark indices at the Nigerian Exchange (NGX) indicated average decline of 0.53 per cent, equivalent to net capital...