The Nigerian money market rates closed mixed on Wednesday as financial system liquidity declined by 38% on the day due to the settlement of the OMO bills auction.
Interbank Rates Diverge as Financial System Liquidity Declines Interbank rates diverge as financial system liquidity reduced week on week to…
The Central Bank of Nigeria (CBN) is scheduled to auction Nigerian Treasury bills totalling N700 billion…
Trading activity in the Nigerian Treasury bills (NTB) secondary market was mildly positive…
The Debt Management Office (DMO) under-allotted Federal Government of Nigeria (FGN) bonds to investors despite a top-notch subscription level at the auction conducted on Monday.
Nigeria is expected to prioritise macroeconomic stability by keeping its monetary policy rate (MPR) at 26.5% at the end of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) meeting this week.
Nigeria’s economy is experiencing steady growth, President Bola Ahmed Tinubu told delegates from Deloitte Africa in Abuja on Wednesday.
The Federation Account Allocation Committee (FAAC), has shared N2.550 trillion among the Federal Government
Ms Omolola Oloworaran, the Director-General of the National Pension Commission (PenCom)
Alternative investment market
Cardano (ADA) price increased by 8% in 24 hours to $0.1750, outperforming a broadly positive market, primarily driven by a beta-driven lift from Bitcoin’s rally and supportive altcoin rotation sentiment.
Binance Coin (BNB) price rose 3.17% to $586.43, significantly outperforming a flat Bitcoin (+0.73%) and driven by strong fundamental network activity.
Cardano (ADA) price increased by 4.98% to $0.164, significantly outperforming a broader market
Ripple (XRP) price jumped 4% in 24 hours to $1.09, outperforming a broader market…
Companies
MTN Nigeria Plc grew profit by about 71% year-on-year to N707.541 billion in the first half of financial year 2026, details from the company’s earnings report revealed.
INSIDE AFRICA
The Nairobi Stock Exchange (NSE) index edged higher by 2 basis points on Wednesday as gains