The Nigerian Stock Exchange is set to delist nine firms from the Daily Official List for non-compliance with the post-listing rules of the Exchange. This announcement was made in a statement by the Exchange on Friday. It said, “The Council of the NSE at its meeting of Thursday May 31, […]
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Declining fixed income rates’ll boost equities – Analysts
The current declining rate in the fixed income market would likely act as a booster to the equities section of the Nigerian capital market, analysts have said. The analysts said that it was usually common for activities to increase in the equities section of the Nigerian Stock Exchange when the […]
Inter-bank rates fall on mature T-bills
Inter-bank lending rates eased by 200 basis points on Friday to an average of 11 per cent last week, from 14 per cent recorded the previous week after repayment of large funds in mature treasury bills helped boost the amount of naira in the system. Dealers said about N116bn ($734.41m) […]
