NGX Drops As Investors Eye High Yield in Debt Market

As investors turned their focus to fixed interest instruments on Wednesday, the capitalization of the Nigerian Exchange’s (NGX) equity market continued to decline. Today, the monetary authority held a main market auction after Debt Management’s sale of bonds to investors last week that were oversubscribed. Stockbrokers and traders noted in their individual updates that trading … Continue reading NGX Drops As Investors Eye High Yield in Debt Market