Investors Stake N100bn On FGN Bonds - DMO
The Debt Management Office said subscribers staked more than N100bn on FGN Bonds, which it issued on Wednesday.
According to the agency, although it offered N90bn bonds, investors oversubscribed the offer by more than N10bn.
More than N100bn raised...
Treasury Bills: Investors Await Matured N540bn
Treasury Bills worth N539.95 billion are expected to mature via both the primary and secondary markets.
Owing to this, analysts have predicted relative ease in the financial system liquidity with resultant moderation in interbank rates.
Cowry Asset Management Limited stated this...
MPC Maintains Status Quo As Investors Lose N93 Billion
•Analysts call for caution on investment decisions
The decision by the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC), to maintain status quo for the tenth consecutive session triggered renewed profit-taking at the Nigeria Stock Exchange...
MPC worries Over Portfolio Investors’ Exit
Members of the Monetary Policy Committee of the Central Bank of Nigeria have expressed worry over the exit of foreign portfolio investors from the country on the back of the rise in interest rates in the United States.
In a...
$5bn JV Debt Repayment Restoring Investors’ Confidence - NNPC
The Nigerian National Petroleum Corporation (NNPC) has said its repayment of the about $5 billion negotiated joint venture cash call debts owed to International Oil Companies (IOCs) over the years was now stirring the confidence of...
Total Gets Investors Approval For N4.75b Final Dividend
Shareholders of Total Nigeria Plc has approved a final dividend of N4.75 billion proposed for the financial year ended December 31, 2017, even as they expressed confidence in the company’s adherence to corporate governance principles.
Total had earlier...
