T-Bills Yield Prints at 3.45% as Spot Rates Fall
T-Bills Yield Prints at 3.45% as Spot Rates Fall Trading activities at the Nigerian Treasury Bills (NTB) secondary market ended on a bullish note last week, as traction was seen…
FGN Eurobond Yield Rises as Market Weighs ECB, Fed’s Rate Hikes
FGN Eurobond Yield Rises as Market Weighs ECB, Fed’s Rate Hikes Federal Government of Nigeria (FGN) Eurobond market traded bearish in the just concluded week, fixed income instruments traders said…
NCC Discovers Banking App Login Details Stealing Malware
NCC Discovers Banking App Login Details Stealing Malware Nigerian Communications Commission’s (NCC) Computer Security Incident Response Team (CSIRT) says it had discovered a newly-hatched malicious software that steals users’ banking…
BP Exits Russia’s Rosneft at Cost of $25bn
BP Exits Russia’s Rosneft at Cost of $25bn British oil giant, BP, has announced the exit of its 19.75% shareholding in Russian energy firm Rosneft following the invasion of Ukraine.…
Union Bank, AfricaNXT to Host Innovators
Union Bank, AfricaNXT to Host Innovators Union Bank of Nigeria (UBN) Plc has partnered with AfricaNXT to host the largest gathering of innovators across Africa, the bank said in a…
Demand for Risk-Free Debt Securities Rises, Yields Down
Demand for Risk-Free Debt Securities Rises, Yields Down The fixed income market witnessed an increased demand for instruments in the just concluded week and average yield across segments were cut…
Utica Capital Modest on Banks Earnings Outlook, Positive on Telcos
Utica Capital Modest on Banks Earnings Outlook, Positive on Telcos Projections on companies’ earnings performance for the financial year 2022 are mixed; ranging from positive to moderate. Analysts appear to…
How to Profit from Falling Cryptocurrencies Prices
How to Profit from Falling Cryptocurrencies Prices Bitcoin sinks below $40,000 and critics think it is over but smart investors know the game is just starting. The rule of the…
ETI, ACCESS Bank See Intraday Rally on NGX
ETI, ACCESS Bank See Intraday Rally on NGX Ecobank Transnational Incorporation (ETI), Access Plc and Sterling Bank are currently driving the Nigerian Exchange (NGX) upward as investors are betting odds…
Global Energy Demand to Increase by 28% – OPEC
Global Energy Demand to Increase by 28% – OPEC The Organisation of the Petroleum Exporting Countries (OPEC) says the global energy demand is set to increase by 28% from 275…