Bond

With outlook for the equities market remaining bearish till stability is regained after the 2019 general elections, capital market analysts are advising investors, particularly long term investors to position in cheap assets that have sound fundamentals so as to take advantage of the anticipated post-election rally. Stocks have continued to receive a battering amidst the […]

In anticipation of the uncertainty of the elections, 2018 saw investors were more committed to short-term interest yielding instrument, increasing by N5.85 trillion to drive a 49 percent year-on-year turnover in the Fixed Income and Currency (FIC) market as at year end December 31, 2018. However, investment in the FIC market recorded a 9.09 percent […]

Jim Yong Kim World Bank President has announced plans to resign from the World Bank on Feb. 1 to join a firm focused on infrastructure investments, the Breton wood institution announced Monday. Kim is leaving the bank nearly three years before his term is set to expire in 2022, to focus on increasing infrastructure investments […]

The federal government has commenced  its borrowing activities for year 2019 with  savings bonds sales by offering for subscription two-year savings bond at 12.12 per cent and three-year savings bond at 13.12 per cent, the Debt Management Office (DMO) has said. According to the offer circular obtained from the DMO website on Monday, the two-year […]

In line with federal government directive, the implementation of mandatory usage of the National Identification Number (NIN) has commenced with effect from January 1, 2019, the National Identity Management Commission (NIMC) has announced. At its meeting on September 12, 2018 chaired by President Muhammadu Buhari, GCFR, the Federal Executive Council (FEC) approved the new National […]