The naira softened against the dominant US dollar at the Nigerian Foreign Exchange Market
The average yield on Nigerian Treasury bills (NTBs) increased due to sell pressures after…
The Central Bank of Nigeria (CBN) hiked rates on Nigerian Treasury bills on Wednesday, with one-year paper attracting most of the allotment.
As the market awaits the US Federal Reserve’s rate decision, Nigerian sovereign Eurobonds sold
The Federal Government (FG) has dismissed a report suggesting that it was considering ….
The Central Bank of Nigeria (CBN) is set to auction N1 trillion in Nigerian Treasury bills…
Nigeria’s gross foreign reserves surged near $51 billion, driven by significant inflows….
The Central Bank of Nigeria (CBN) has directed banks, fintech firms, and other payment service provider
Alternative investment market
XRP price rose 2% over the past 24 hours to $1.15 as the Hong Kong Institute for Monetary Research (HKIMR)
Ethereum Classic (ETC) gained 6% over the past 24 hours to $7.64, significantly outperforming a slightly positive
Bitcoin (BTC) price is up 0.78% in 24 hours to $63,225, slightly outperforming a broadly flat crypto market,
Ripple (XRP) price declined by 4.11% to $1.12 on Friday, underperforming a broadly weaker crypto market
Companies
Oil company Aradel Holdings Plc has announced a N23 dividend per share following an earnings beat for the 2025 financial year. The company grew profit after tax by 192% year-on-year to N757 billion, beating analysts’ estimates by miles.
INSIDE AFRICA
The South African rand is trading flat on Friday as expectations of a South African Reserve Bank