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News & Offerings

News

| BREAKING NEWS: We are pleased to inform you that we have upgraded our customer portal and you can fund your account instantly and begin real-time trading. || The Federal Government’s N145bn August bonds, which was offered on Wednesday were underscribed by N49.91bn. The Debt Management Office showed the breakdown of the auctioned bonds include a N40bn five-year reopening bond that would mature in April 2023 and be offered at 12.75 per cent; N50bn 10-year reopening bond that would mature in April 2029 and be auctioned at 14.55 per cent; and N55bn 30-year bond expected to mature in April 2049 and be auctioned at 14.8 per cent Total subscription received from investors for the bonds was N92.09bn, comprising N10.41bn for 12.75 per cent FGN April 2023 bond; N37.47bn for 14.55 per cent FGN April 2029 bond; and N47.21bn for 14.80 per cent FGN April 2049 bond || The Nigerian Stock Exchange (NSE) Wednesday delisted Skye Bank Plc and Fortis Microfinance Bank Plc following approval from the National Council of the exchange. In a notification to market operators, the NSE said the delisting which was pursuant to Clause 15 of the General Undertaking, Appendix 111 of the Rule Book of the exchange, was as a result of the revocation of their operating licences by their primary regulator, the Central Bank of Nigeria(CBN) || President Muhammadu Buhari’s assignment of portfolio to 43 ministers yesterday appeared to be the key stroke that Nigeria’s stock market, needed to chalk up a gain of N120 billion as investors’ sentiment grew strong. This was even as market analysts called on the newly constituted cabinet to focus on fiscal economy and allow the Central Bank || The Nigerian Stock Exchange has partnered JP Morgan Chase to facilitate in-depth capacity building programme on derivatives market. According to a statement on Wednesday, the collaboration with JP Morgan is expected to promote the development of derivatives in Nigeria by helping to bridge the knowledge gap on derivatives investments and trading strategies through knowledge transfer || The power sector is going to get another intervention of N600bn from the Federal Government very soon. President Muhammad Buhari has signed for the release of the funds; it was gathered on Wednesday in Abuja. The Market Operator, Transmission Company of Nigeria, Edmond Eje, disclosed this while speaking on the sidelines of the third MO interactive stakeholders’ forum. “The plan is at an advanced level and the fund has been signed by Mr President. The President signed for the release of the intervention and it is an intervention of N600bn |

AVAILABLE TREASURY BILLS

Maturity Tenor (Days) Rate (%) pa Effective Yield %
14-Nov-19 125 11.50 11.97
16-Jan-20 188 11.00 11.66

Customer Care Contact:

  • Dayo {LAGOS} - +234-703-0440111
  • Nneka {LAGOS} - +234-816-2752619
  • Adaeze {LAGOS} - +234-802-3435190
  • Nathan {ABUJA} - +234-806-5612177
  • Adaobi {PH} - +234-703-3014071
Click To Download TREASURY BILL.

AVAILABLE EURO BOND

Security Coupon (%) Maturity Yield %
Fidelity 10.50 16-Oct-22 5.50

Customer Care Contac:t

  • Dayo {LAGOS} - +234-703-0440111
  • Nneka {LAGOS} - +234-816-2752619
  • Adaeze {LAGOS} - +234-802-3435190
  • Nathan {ABUJA} - +234-806-5612177
  • Adaobi {PH} - +234-703-3014071

Market Summary

Market Summary (23-Aug-2019)

  • Securities Previous Current %
  • Securities Previous Current %

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