The Nigerian Exchange (#NGX) topped N130 trillion in market cap on Tuesday as investors gained N208 billion. The local bourse performance was boosted by fresh bargain hunting in financial #stocks
https://dmarketforces.com/nigerian-bourse-tops-n130trn-as-investors-gain-n208bn/
Power Generation Companies (#GenCos) say the successful issuance of N501 billion bond in January underscores growing investor confidence in the Federal Government’s Presidential Power Sector Financial Reforms Programme (#PPSFRP).
https://dmarketforces.com/gencos-says-n501bn-bond-boosts-confidence-in-power-reforms/
Nigeria’s pension assets rose to N29.43 trillion in February, representing a month-on-month increase of N1.39 trillion. This is according to data released by the National Pension Commission (#PenCom).
https://dmarketforces.com/pension-assets-hit-n29-43trn-in-february-up-by-n1-39trn/
FTSE Russell, the global index provider, today announced that Nigeria will be reclassified to frontier market status in September 2026, according to an official notice
https://dmarketforces.com/ftse-russell-to-upgrade-nigeria-to-frontier-market-status-in-sept/
The Ghana Stock Exchange (GSE) rebounded in Tuesday’s session, with both benchmark indices closing higher on the back of renewed buying interest, according to SIC Brokers Limited
https://dmarketforces.com/ghana-stock-exchange-rebounds-total-gcb-lead-gains/
PAX Gold (#PAXG) price climbs slightly, hovering around $4,636 on Tuesday as investors reacted positively to direct trading of Ripple #stablecoin (#RLUSD) with PAXG.
https://dmarketforces.com/paxg-climbs-amidst-ripples-stablecoin-direct-trading-link/
Zenith Bank Plc’s board of directors has proposed to pay shareholders a final dividend of N8.75 for the 2025 financial year, according to details from its audited report filed with the regulator.
https://dmarketforces.com/zenith-bank-announces-n8-75-as-final-dividend-for-2025/
Access Holdings, Wema Bank and Secure Electronic Technology were top volume drivers in the Nigerian Exchange (#NGX) last week as demand for financial stocks increased.
https://dmarketforces.com/access-wema-bank-top-volume-drivers-in-nigerian-market/
The average yield on Federal Government of Nigeria (FGN) bonds ticked up slightly week on week amid soft selloffs in the secondary market.
https://dmarketforces.com/federal-bonds-yield-inches-higher-amidst-soft-selloff/
Investors’ whetted appetites dragged the average yield on Nigerian Treasury bills down by 15 basis points, according to a market update released by Afrinvest Securities Limited.
https://dmarketforces.com/nigeria-treasury-bills-yields-ease-ahead-of-midweek-auction/
