Trading activity in Nigerian Treasury bills in the secondary market was bullish, with yields contracting across the curve as investors adjust their portfolios to optimise returns.
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.
EBC Financial Group has spotted a conduct gap in Nigerian capital markets after the Securities and Exchange Commission
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched a N500 million
S&P Global has lowered Nigeria’s 2026 economic growth projection by 30 basis points
Tincan Customs Command Generates N111.2bn May Revenue Tincan Island Port Command of the Nigeria Customs Service (NCS) generated N111.2 billion…
As Nigeria heads towards the 2027 election, an interest rate cut is becoming less likely, as the market
Nigeria raised about N19 trillion from Treasury bills and local bonds in six months across primary market auctions
The Central Bank of Nigeria (CBN) floated an additional OMO bill auction at the primary market to mop up excess liquidity in the financial system.
Banking and Insurance stocks wiped about N878 billion from the Nigerian equities…
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Alternative investment market
Bitcoin (BTC) price topped $61k, outperforming a flat market and primarily drive
At the current market price of $1.04, Ripple (XRP) has lost 55% of its market value over 12 months
Bitcoin price (BTC) is down 3% to $58.7k, underperforming a slightly weaker broader market
Backed by over 140 companies, Open Standard unveiled Open USD (OUSD), a dollar-pegged stablecoin for global payments on Tuesday.
Companies
First HoldCo Plc lost more than 8% of its market value on Thursday in the Nigerian stock
INSIDE AFRICA
WHO Initiates Clinical Trial for New Ebola Treatment in DR Congo A major international clinical trial aimed at finding effective treatments for Bundibugyo virus disease (BVD),…
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Oil prices edged higher on Friday as investors balanced signs of progress in US-Iran peace efforts
Foreign
Canada’s manufacturing sector continued to grow in June, marking a third consecutive month of expansion
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Trump’s annual financial disclosure report shows that cryptocurrency is already part of mainstream finance
Financial products
Zenith Bank introduces online Visa application to Dubai
INSURANCE
GCR Ratings (GCR) has affirmed NEM Insurance Plc’s national scale financial strength
