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FOREIGN INVESTORS
Nigeria's 2049 Eurobond Yields traded at a yield of 12.81% as prices fell to $72.94. The coupon rate for this loan about 9.2%.
Foreign investors stayed away from the Central Bank's latest OMO Auction which held on the 19th of March 2020.
The value of Nigerian stocks bought by foreign investors dropped from N1.22 trillion in 2018 to N942.55 billion as at the end of 2019, as hope for reforms that could boost the Africa's biggest economy fizzled.
It is pertinent to highlight that foreign investors have been net sellers of Nigerian equities in every other month in 2019.
Foreign investors looking to invest have been advised to choose Nigeria as their first option for business.
Foreign Investors abandoned 27 States, as Lagos and Abuja attracted $5.8 billion
The Nigerian Stock Exchange lost N41 billion in April as a result of the activities of foreign investors trying to recoup their investments.
Mobile Internet users in Nigeria increased marginally to 113.9 million in January 2019, data from the Nigerian Communications Commission (NCC) has revealed.
Minister of Trade Industry and Investment Okey Enelamah has said Nigeria has a conducive and profitable environment for...
The Nigerian Stock Exchange data has revealed that increased inflows from foreign investors has boosted the transactions on...