The fixed income market recorded a rush for Nigerian treasury bills on Thursday, following the monetary authority’s rejection of 60% of total subscriptions at the main auction 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)
Nigeria’s Frontier Market Story: Reassuring Global Investors Beyond Index Inclusion For Nigeria to strengthen its position as a credible frontier…
The Federal Government, through the Debt Management Office (DMO), has announced two savings bonds for subscription in July.
CBN Hikes Interest Rates on Treasury Bills, Allots N1.1trn The Central Bank of Nigeria (CBN) hiked spot rates on Treasury…
Trading in Nigerian government bonds was mostly bearish, with investors trimming positions
Nigeria’s improved value-added tax (VAT) collection continues to drive growth in the non-oil sector, resulting
The naira destiny has been successfully tied to hot money equation – high interest rate can only broing foreign capital
The Central Bank of Nigeria (CBN) conducted an open market operation on Tuesday, offering N600 billion in OMO bills for subscription across four tenors.
The Central Bank of Nigeria (CBN) is scheduled to raise N750 billion from Treasury bills subscription at the primary market auction on Wednesday.
The Nigerian stock market expanded by more than N849 billion on Friday as investors’ attention shifted to tier-1 banks’ stocks, stockbrokers said.
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Alternative investment market
Visa (NYSE: V) has announced the Visa Stablecoin Platform (VSP), a new enterprise platform
Solana (SOL) price climbed to $74.85, slightly trailing Bitcoin’s 1.69% gain, primarily driven by a modest beta move relative to the broader market.
Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) bolstered the crypto market rally as investors reacted to the New York State Bar Association (NYSBA) tracing updates.
Cardano (ADA) price climbed by approximately 5% in 24 hours to $0.1663, outperforming a broader market up 1.15%, primarily driven by anticipation of today’s major network upgrade.
Companies
Transcorp Power posted about N55 billion in pre-tax profit in the first half of the financial year 2026, amid operational challenges stemming from recurring vandalism of transmission infrastructure.
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Rwanda Spends $32m on Fuel Subsidies in 4 Months- Minister The Rwandan government said it has spent nearly 48 billion Rwandan francs (about 32 million dollars)…
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Oil prices are on track for a weekly gain of more than 13% as escalating tensions between the United States and Iran revived concerns over potential disruptions to crude supplies through the Strait of Hormuz.
Foreign
Targeted Policy Response Keeps UAE Economy Resilient – IMF The UAE economy…
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The recent circular issued by DataMax Registrars, directing shareholders to link their shareholding record
Financial products
Zenith Bank introduces online Visa application to Dubai
INSURANCE
NAICOM Warns Insurers Against Flouting July 31 Recapitalisation Deadline The Chief Executive…
