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Investors Gain N3.2trn In Two Months
In the equities market, investors on the Nigerian Exchange Limited, have gained N3.247 trillion Year-to-Date. The capital gains in February was N419 billion. This is coming despite the Ukraine-Russia crisis which had forced losses in equities across economies. The market capitalisation which represents the total value of investment on the Exchange closed the month at…
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Investors Commit N3.36tn To FG Bonds In 2021
According to an analysis of the FGN Bond Auction results by the Debt Management Office, investors committed about N3.36tn to Federal Government bonds between January and December 2021. Bond oversubscriptions hit N1.61tn within the period under review. Breakdown Analysis The Federal Government bonds for January worth N150bn were oversubscribed by N88.28bn. The total subscription received…