Financial system liquidity surged by about 72% to N3.10 trillion, supported by N1.46 trillion in inflows from matured OMO bills that were not refinanced by the Apex Bank.
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)
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
Alternative investment market
Bitcoin (BTCUSD) is down 0.80% to $66,060.06 in the past 24 hours, slightly underperforming a flat broader market. …
Ripple XRP spot exchange-traded fund (ETF) recorded a single-day net inflow of $2.4909 million, signalling a return of institutional investors in the crypto market.
Bitcoin Hits $66k, Races Towards Predicted Price on ETF Inflows Bitcoin (BTC)…
XRP Breakout, Up by 5% as Ripple CTO Regrets Selling at $0.10…
Companies
Transcorp Hotels Plc bolstered earnings performance in the first half of financial year 2026 with after-tax profit climbing by 21% year-on-year to N10.5 billion, according to regulatory disclosure.
INSIDE AFRICA
ECOWAS Leaders Sign Agreement on African Atlantic Gas Pipeline Heads of State and Government of the Economic Community of West African States (ECOWAS) have signed the…