DMO Offers Two Savings Bonds For October Subscription   The Debt Management Office (DMO) has announced the opening of the October 2024 Federal Government of Nigeria savings bond offer, featuring two bond series with competitive interest rates. According to a bond circular on the DMO’s website, the...

Stock Exchange Records N3.4trn Listings In Q1, 2021   The Nigerian Exchange (NGX) listed new securities worth about N3.4 trillion in the first quarter. The new listings included a $4 billion Eurobond issued by the Federal Government. Listing report provided by the NGX indicated that the issuances listed...

Equities Rebound With N102bn Gain       Nigerian equities rode on the back of renewed bargain-hunting to a significant rebound yesterday, rounding up N102 billion in net capital gains. Benchmark indices at the Nigerian Exchange (NGX) Limited showed average return of 0.50 per cent yesterday, representing net capital...

Investors Stake N2.63bn On Equities       The momentum of activities at the Nigerian equities market increased considerably as investors staked N2.63 billion amid new month’s profit-taking transactions. Total turnover at the Nigerian Exchange (NGX) Limited rose by 39.4 per cent to 274.852 million shares valued at N2.63...

In Five Months, Nigerian Investors Lose N1trn       Nigerian equities closed weekend with average negative return of five per cent, implying a net capital depreciation of more than N1 trillion for investors in quoted shares. The stock market capped its losing streak this month with a net...

FG Plans More Sukuk Bonds To Fund Projects       The Federal Government plans to upscale its alternative financing programme by issuing more Sukuk bonds to fund projects, building on the back of huge successes recorded on previous issuances. It had raised N362.6 billion in three previous issuances...