Author: gamladmin

The NGX All -Share Index and Market Capitalization appreciated by 6.16% to close the week at 182,313.08 and N117.027 trillion respectively. Naira Assets seem to be doing better than Low interest dollar holdings. The Fed Government has just announced that the External Reserve has risen to USD 49 billion, the highest in the last eight years. An interplay of reduction in inflation rate , moderation in CPI and potentially higher returns on Treasury bills played out creating liquidity glut in the T-Bill market,with the 364 day bill ended at a stop rate of 20% yield. The subscription level at...