13
JulThe Nigerian stock market last week closed lower, occasioned by profit taking in 26 stocks. Although there was a marginal growth in MTN Nigeria, yet it was not strong enough to keep the NGXASI afloat. The All Share Index was down by 0.53% week on week to close at 51,557.41 points from 51,829.57 points recorded previously. Market […]
13
JulFigures obtained from the Central Bank of Nigeria revealed that Nigeria’s external reserves as at Thursday July 7, 2022 stood at $39.34 billion. This represents 0.44% growth ($171 million) from $39.174 billion recorded on July 1, 2022. That is about $171 million gain in 6 days. The reserves hit a low of $38.42bn in the month of[…]
13
JulThe Debt Management Office (DMO) has listed the N250billion, 10-year 13% Ijarah Sovereign Sukuk due 2031, on Nigerian Exchange Limited (NGX), on Tuesday, 5 July 2022. The Ijarah Sovereign Sukuk was successfully listed on NGX, having fulfilled the conditions set by the Financial Regulatory Advisory Council of Experts (FRACE) of the Central Bank of Nigeria, which stipulated[…]
