The Debt Management Office on behalf of the Federal Government of Nigeria Offers for Subscription the March, 2023 Federal Government of Nigeria Savings Bond at the following interest rates:- 2-Year FGN Savings Bond due March 15th, 2025 @ 9.465% per annum3-Year FGN Savings Bond due March 15th, 2026 @ 10.465% per annum The summary of …
Nigerian banks incur $1billion in loan losses, blame macro-economic conditions – Nairametrics Nigeria’s leading commercial banks suffered loan losses estimated at a combined $1 billion in the first half of 2023. This is according to data collated from the 2023 half-year financial statements released by the banks in the last few weeks.,.. ………… …….. ………………… … .. …… .. …. . ……….. ………. …………. . ….. . … …………….……..Read …
NGX sustains bearish trading with N126bn loss – Punch The market capitalisation of the Nigerian Exchange Limited, dipped by N126bn on Tuesday, marking the fifth consecutive negative trading session on the local bourse.The equity market kicked off the week’s trading session with a loss of N242bn for investors on Monday.Analysts had projected that this week …
Transaction on the floor of the Stock Exchange on Tuesday, September 26, 2023, sustained a 5 days consecutive negative sentiment as the market closed on a negative note. The All Share Index declined by 0.34% to settle at 66,652.17 from the previous close of 66,882.64 This brings the year-to-date to 29.33%, the month-to-date to 0.26% and …
Naira rises, stocks fall as Cardoso faces FX backlog – Businessday The naira appreciated against the dollar on the parallel market while stocks dropped at the end of trading on Monday as markets await the clearing of foreign exchange backlog by Yemi Cardoso, the acting governor of the Central Bank of Nigeria (CBN).Cardoso was recently …
Transaction on the floor of the Stock Exchange on Monday, September 25, 2023, commenced the trading week on a negative note. The All Share Index declined by 0.68% to settle at 66,882.64 from the previous close of 67,324.39 This brings the year-to-date to 29.65%, the month-to-date to 0.58% and the week-to-date to a negative 0.68% respectively. …
Stock market sheds N39bn amid increased trade volume – Punch The local bourse closed negative on Friday by 0.11 per cent week-on-week due to weak market momentum which saw investors losing N39bn.Both the market capitalisation and the Nigerian Exchange Limited All Share Index closed trading lower at N36.847tn and 67,324.59 respectively compared to the previous …
Transaction on the floor of the Stock Exchange on Friday, September 22, 2023, sustained a 3 days losing streak and closed the last trading day of the week on a negative note. The All Share Index declined by 1.39% to settle at 67,324.39 from the previous close of 68,271.14 This brings the year-to-date to 30.33%, …
Index dips by N36 billion amid losses in 30 stocks – Guardian Following price depreciation in 30 stocks, the stock market continued on a downturn yesterday, resulting to a further slide in market capitalisation by N36 billion.Accordingly, the all share index (ASI) declined by 64.58 points, representing a loss of 0.09 per cent to close …
Transaction on the floor of the Stock Exchange on Thursday, September 21, 2023, closed on a negative note. The All Share Index declined by 0.09% to settle at 68,271.14 from the previous close of 68,335.72 This brings the year-to-date to 31.72%, the month-to-date to 2.66% and the week-to-date to 1.30% respectively. Market Capitalisation closed at …