Investors Bite

February bond auction: Marginal rates trend higher at the tail of the curve

February 15, 2023/United Capital Research On Monday, the Debt Management Office (DMO) conducted its February FGN bond auction in the primary market, with an offer of N360.0bn across four (4) tenors, FEB 2028, APR 2032, APR 2037, and APR 2049. At the auction, investors’ demand came in strong with overall […]

IOSCO members report high level of implementation for Regulator’s Principles

February 15, 2023/IOSCO A report published today by IOSCO indicates that implementation of IOSCO’s core Principles regarding the Regulator is high across most of the participating member jurisdictions. The report on IOSCO Standards Implementation Monitoring on Principles 1 to 5 is based on a review of 55 IOSCO member jurisdictions […]

Intraday Update: NGX Dips -0.04% Dragged by Banking, Consumer Goods Sectors

February 15, 2023/InvestmentOne Update ASI as at 12.00pm: -0.04% Top Gainers and Losers: NASCON (-3.57%) and INTENEGINS (-2.48%), MBENEFIT (+3.13%) and GLAXOSMITH (+2.21%). Sector Performances: Banking (-0.24%), Consumer Goods (-0.06%), Industrial and Oil and Gas. Market activity: In today’s trade, total volume decreased by 13% while total value increased by […]