Nigerian Treasury bill yields slipped as investors moved newly issued papers into the secondary market following more than N2.4 trillion in subscription rejections at the midweek 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
Bitcoin (BTC) rebounded; the price is up 2% in 24 hours to $63,322 as investors reacted….
XRP price rose by 1.8 % to $1.08, outperforming a nearly flat Bitcoin, primarily driven by Ripple’s strategic monthly escrow release, which reduced net selling pressure ahead of the key update.
Cardano (ADA) price rose 9.25% in 24 hours to $0.1879, significantly outperforming a flat Bitcoin
Solana (SOL) price edged higher to $73.38 after South Korean fintech company KSNET integrated Solana Pay into its network, driving investor optimism.
Companies
Conoil Profit Rises Six Folds, Margin Expands Conoil Plc posted an impressive financial performance for the first half (H1) ended…
INSIDE AFRICA
Africa May Face Strongest El Nino in Decades, AU Experts Warn Africa could experience its strongest El Nino event in decades from November, with climate experts…