Money market
Naira trades N455/$1 on street, N453 at BDCs, weakens N386.17 at I&E, as bids in above N383
Charles Abuede Fixed income market upbeat The naira traded at N455 to the dollar on the Nigerian street currency market…
FMDQ lists N23bn debt Securities in move to deepen financial market
In a move to deepen the Nigerian financial system and provide more investment instruments for investors, FMDQ Securities Exchange Limited…
Africa’s junk bonds among hottest investments with big yields
Africa’s sovereign bonds -- all of them rated junk -- have been among the biggest beneficiaries of the risk-on mood…
BVN-linked accounts now 41.82m
Active bank accounts linked to bank verification number (BVN) in Nigeria as at last month stood at 41.82 million, a…
Dollar sells for N445 as forex scarcity persists
The dollar exchanged for N445 in the parallel market on Monday due to scarcity and shrinking liquidity in the…
Zenith Bank posts N58.7 billion in Q1 2020
By Omobayo Azeez Zenith Bank Plc recorded a sum of N58.7 billion as profit before tax for the quarter ended…
GTB records N58.2bn profit before tax in Q1
Guaranty Trust Bank plc has .recorded a profit before tax of ₦58.2billion in the first quarter of the 2020 financial year.ended…
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