Investors Bite

Bond Yields Spike to 13-Month High as Risk off Sentiments Heighten

Culled—Proshare November 12, 2018/Zedcrest Capital ***Nigeria Eyes Return to Dollar Bond Market*** KEY INDICATORS Indicator Value Commentary Inflation 11.28% As at October 16, 2018, 5bps up from 11.23% recorded in August 2018. MPR 14.00% Left Unchanged for the 11th Consecutive Time at the Sept. 25, 2018 MPC Meeting External Reserves […]

Skyway Aviation Handling Company Opens IPO at N4.65 Per Share

November 12, 2018/NSE Skyway Aviation Handling Company Plc: Initial Public Offering by way of an Offer for Sale of 406,074,000 Ordinary Shares Dealing Members are hereby notified that Skyway Aviation Handling Company Plc’s Initial Public Offering by way of an Offer for sale of 406,074,000 ordinary shares of 50 kobo […]

Money Market Rate Increased Marginally as Overnight Rate Rose to 5.00%

Culled—Proshare November 12, 2018/Anchoria AM Research Money Market  The money market rate increased marginally last week as the Overnight rate (OVN) and Open Buy Back (OBB) rose to 5.00% and 4.25% respectively. Consequently, the average money market rate rose by 0.20% to settle at 4.63% due to decreased system liquidity […]