The Nigerian equities market opened November on a bearish note, closing lower in all five trading sessions of the week. The downturn reflected a mix of profit-taking activities, investor caution amid recent Nigeria–US diplomatic strains, and reallocation of capital to the fixed income market. Specifically, the All-Share Index (ASI) fell […]
Author: InvestAdvocate
Nigeria Raises $2.3 Billion in Strongly Oversubscribed Eurobond Issuance
November 6, 2025/CSL Report As anticipated, authorities have successfully raised a US$2.3 billion Eurobond, which was strongly received by investors. Proceeds will help refinance the maturing US$1.1 billion Eurobond due this month and support the 2025 budget. The new issuance may temporarily push yields higher across the Eurobond curve before […]
Nigeria’s Fiscal Buffers Strengthen as Key Sovereign Accounts Record Growth
November 6, 2025/CSL Report Nigeria’s Excess Crude Account (ECA) and Stabilisation Account have both recorded notable increases between June 2023 and October 2025, reflecting renewed fiscal discipline and stronger revenue mobilisation at the federal level. Data presented by the accountant-general of the federation to the National Economic Council (NEC) show […]
