LATEST NEWS

The Monetary Policy Committee (MPC) is expected to hold its first meetings of the year on the 25th and 26th of January 2021.

2,642,124,511 ordinary shares of Transcorp Hotel Plc (the Company) were listed on the Daily Official List of The Nigerian Stock Exchange (The Exchange) on Monday, 18 January 2021.

The bears dominated the FGN bond market closing the week as traders remained aggressively offered across the curve with very few bids to match. The weak appetite for FGN bonds despite the scarcity of short-term instruments can be attributed to the uncertainty surrounding monetary policy, which is also further compounded by the deep negative carry on bonds at the moment (Avg. FGN bond yields - Inflation).