Risk-off sentiment in the debt market lifted Nigerian government bond yields as investors continue to optimise their portfolio 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
The Central Bank of Nigeria (CBN) floated OMO bills totalling N600 billion for investors’ subscription
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.
Alternative investment market
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.
Ripple (XRP) price movement has been relatively locked below $2 over the long term,
Companies
GCR Ratings (GCR) has upgraded Globus Bank Limited’s national scale long- and short-term issuer ratings
INSIDE AFRICA
Ethiopia Unlocks Access to $484 Million IMF Loan Ethiopia has unlocked access to $484 million loan from the International Monetary Fund (IMF) as the Executive Board…