The spot rates on Nigerian OMO bills have been slashed below 18%, according to details from the Central Bank of Nigeria (CBN) open market operation on Thursday.
The President, Chartered Institute of Directors Nigeria (CIoD), Mr Adetunji Oyebanji, says Nigeria
Tinubu Pledges Policy Stability as Ogun Attracts $7bn Investment President Bola Tinubu has assured domestic and foreign investors of regulatory…
The Central Bank of Nigeria (CBN)’s biggest signal is not the policy rate cut, according to analysts at AAG Capital Limited
Oyedele Seeks Affordable Capital to Bridge Africa’s Infrastructure Gap The Minister of Finance and Coordinating Minister of the Economy,…
The Central Bank of Nigeria (CBN) is anticipated to keep the benchmark interest rate at 26.5% at the policy committee
MarketForces Africa| The Nigerian Exchange Ltd. (NGX) recorded a total turnover of 3.249 billion.
Financial Inclusion Must Translate to Stronger Household, Business Resilience – CBN The Governor of the Central Bank of Nigeria (CBN)…
Nigeria’s foreign reserves increased to $54.410 billion following the latest round of FX inflows into the local economy, with more than 99% of the credit balance staying liquid.
Alternative investment market
Ethereum (ETH) price dropped 0.40% to $2,677.62 on Friday, closely tracking a modest decline….
Ripple XRP price inched up 2.02% in 24 hours to $1.53 on Friday, outperforming a flat Bitcoin
Bitcoin (BTC) price hovered around $84k on Friday amid the latest buying spree by Morgan Stanley, following BTC’s sharp price rally.
Cardano (ADA) price inched up 5% in 24 hours to $0.2483, significantly outperforming a nearly flat
Companies
FirstHoldco Plc hit a new 52-week high on the Nigerian stock market, driven by high trading volume
INSIDE AFRICA
South African rand fell against the crosses and other Western currencies after the Reserve Bank hiked the repo rate by 25 basis points to anchor inflation and align with the US Fed’s rate hike.