April 9, 2020/Cowry Asset Recently released report by the Nigerian Stock Exchange (NSE) on domestic and foreign portfolio participation in equities trading showed that total equities market transactions increased year to date (YTD) in February 2020 when compared to transactions done in the corresponding period of 2019. Click here to […]
OPINION/EDITORIAL
Fiscal Position: Still Critical but Temporary Panacea in Sight
Culled—Proshare April 9, 2020 By NOVA Merchant Bank In our recent assessment of the revised budget benchmark oil price and cut to expenditure by the Minister of Finance (Published 27 March, see report: Fiscal Position Getting Critical), we concluded that for the FG to finance a large chunk of the […]
Bump In Oil Price Ahead of OPEC Meeting Pushes Further Bullish Sentiments Across Markets
Culled—Proshare April 9, 2020 By Zedcrest Capital FGN Bonds Yields continued to plummet in today’s session, with consistent demand seen from local investors across the bond curve. Demand was most skewed to the belly of the curve, with the 2027s maturity the most traded as demand swallowed the improved offers […]
