The Central Bank of Nigeria (CBN) reduced the Treasury bills spot rate by 4 basis points to 17.66%, according to details from primary market auction results obtained by MarketForces Africa.
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
Nigeria raised about N19 trillion from Treasury bills and local bonds in six months across primary market auctions
Nigeria’s Federal Executive Council (FEC) on Monday approved financing packages worth billions of dollars
Alternative investment market
XRP price hovered around $1.12 on Wednesday, buoyed by Binance’s airdrop campaign distributing $800,000
Bitcoin (BTC) price climbed by 3% to $65, 151 outperforming a broadly rising crypto market
Chainlink (LINK) price climbed by 5.74% to $8.41, outperforming a rising broader market, primarily driven by a major ecosystem migration boosting utility demand.
Cardano (ADA) price surged by about 4% to $0.164, slightly outperforming Bitcoin’s +3.07%
Companies
First Holdco Fires Up, Market Value Tops N3.6 Trillion First Holdco Plc is seeing a significant price surge as…
INSIDE AFRICA
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)…