July 30, 2018/DMO As part of the capital raising for the 2018 Budget, the Debt Management Office (DMO) raised N66.9 billion at the FGN Bond Auction on July 25, 2018. At the Auction, the DMO offered FGN Bonds in three tenors of 5, 7 and 10 years to give its […]
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FBNH Declares N33.5 Billion PAT in H1 2018
July 28, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-FBN Holdings Plc on Friday announced its profit after tax (PAT) for the first-half (H1) period ended June 30, 2018 increased 13.6 percent to N33.5 billion from N29.5 billion posted a year ago. Profit before tax (PBT) of the financial institution rose 9.3 percent […]
Bond Yields Compress following Demand on the Bond Yields
Culled—Proshare July 27, 2018/Zedcrest Capital ***NBS to Publish Q2 GDP Report on Monday*** KEY INDICATORS Indicator Value Commentary Inflation 11.23% As at July 23, 2018, 38bps down from 11.61% recorded in May 2018. MPR 14.00% Next MPC meeting scheduled for September 24 & 25, 2018 External Reserves $47.26bn As at […]
