Markets
Forex: Nigeria central bank approves wider margin for BDCs, funds market with$210m
The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin available to operators of bureau…
Oscar Onyema, NSE CEO calls for policy reforms to propel economic growth through the capital market
Oscar Onyema, CEO of The Nigerian Stock Exchange, Friday called the attention of stakeholders to look towards policy reforms as…
Solid earnings season not enough to avert market correction
Nobel Prize-winning economist Robert Shiller believes a strong earnings season may not be adequate to keep stocks out of the…
Africa-focused Vivo Energy reveals plans to float in London
A leading Africa-focused petrol station owner will launch a premium listing of its shares on the London Stock Exchange next…
Bond yields inch higher, NIBOR falls
Investors were downbeat in the bond market Wednesday, with average yield inching higher by 2 bps to 13.78 percent. Yields…
Aramco Trading swaps Saudi crude oil for refined fuels
Saudi Aramco’s trading unit started swapping the kingdom’s crude oil for products refined in other countries, according to its chief…
