May 20, 2026/Coronation Report The Debt Management Office (DMO) conducted its May 2026 FGN bond auction on 18 May 2026, offering a total of N600bn (vs. N700bn at the previous auction) through the re-opening of the 22.60% FGN FEB 2035 and the 16.25% FGN APR 2037 instruments. Investor participation weakened, […]
Updates
Intraday Update: Nigerian Stocks Inch Up +0.12% on Gains in Banking Counters
ASI as at 12.00pm: +0.12% Top Gainers and Losers: ZENITHBANK (+2.91%), GTCO (+0.83%), JAIZBANK (-2.33%) and UBA (-0.32%). Sector Performances: Banking (+0.86%), Oil & Gas (-0.01%), Consumer Goods and Industrial. Market activity: In today’s trade, total volume increased by 12% while total value decreased by 24%, when compared to this time yesterday, as investors have traded about 322 million units of shares worth NGN8.75billion. WEMABANK (+0.38%) is the […]
How to Stop the Scammers Behind the Storefronts
Business is booming for fake merchants, but earlier warning signals can help banks spot risky sellers sooner, before consumers lose money, disputes snowball and trust is lost. Image Credit: Mastercard May 19, 2026/Mastercard By Vicki Hyman Director, Global Communications, Mastercard In the spring of 2020, COVID-19 transformed fear into a […]
