Stanbic IBTC, Guinness Drag NGX Index, Investors Lose N102bn The Nigerian Exchange (NGX) All-share index (ASI) declined on Friday due to last minutes selloff in Stanbic IBTC Bank, Guinness Nigeria and other decliners. The modest decline, which halted the market’s bullish momentum, was amplified by…
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
Trading activity in Federal Government of Nigeria (FGN) bonds was bearish, as investors trimmed holdings across the curve in the secondary market amid repricing at the Debt Management Office (DMO) auction for the month.
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched a N500 million
Alternative investment market
XRP Price Hovers at $1.11 as Ripple Seals Partnership Deals The live XRP price today is $1.11, a level the token has held onto…
Bitcoin Rallies as Standard Chartered Backs $100k Target Price Bitcoin (BTC) rallied…
Swift Launches Blockchain Pilot for Tokenised Deposits with 17 Banks Swift has…
XRP Price Rises 2% as AI Trades Drive Volume Ripple (XRP) price…
Companies
McNichols Consolidated Unveils N1.12bn Rights Issue at Deep Discount McNichols Consolidated Plc has initiated a Rights Issue following the submission…
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)…