Banking System Surplus Liquidity Tops N6trn Ahead of Huge Inflows Excess liquidity in the Nigerian banking/financial system climbed by 55.42% to about N6.3 trillion with market anticipating about N5 trillion in additional inflow during the week. According to investment firms, net liquidity surplus edged higher…
The Nigerian local currency unit, the naira, weakened against major currencies in the foreign exchange market …
Fitch Ratings has revised the outlook on Nigeria’s Long-Term Issuer Default Ratings (IDRs) to positive from stable and affirmed the IDRs at ‘B’.
The Nigerian Bulk Electricity Trading (NBET) says it has begun settling legacy debts…
NESG, FG Call for Actionable Solutions to Translate Economic Reforms into Jobs, Shared Prosperity The Federal Ministry of Budget and…
World Bank Group Appoints David Vaillant as MD, CFO World Bank Group President Ajay Banga announced the appointment of David…
The Lagos State Government is planning to issue a ₦200 billion bond for investor subscription under the ₦1 trillion
Pathway Advisors Delivers Oversubscribed ₦10bn Commercial Paper for MKH Properties Pathway Advisors Limited has announced the successful arrangement and completion…
Global equities markets rose as expectations for U.S. Federal Reserve rate hikes eased, with technology and AI stocks
Alternative investment market
Fuelled by a shift in fundamentals, Ripple (XRP) fell to $1.26, underperforming a slightly weaker broader market
Quack AI price soared by about 48% in 24 hours to $0.114 on Sunday, massively outperforming a flat broader
Hedera (HBAR) price rose by about 7% in 24 hours to $0.0887 on Sunday …
Pi Network price climbed to $0.08 in 24 hours as protocol 28 goes live with a soft rally