Money Market Rates Steady as Excess Liquidity Drops to N6trn Money market rates steadied as the Nigerian financial system opened strongly despite a large outflow from the settlement of OMO bills. The Nigerian overnight financing rate hovered at the 20% floor level, reflecting well-priced money…
The Federal Government said the $21.7 billion borrowing proposal President Bola Tinubu transmitted
Wall Street and the FTSE 100 climbed as demand for shares in Artificial Intelligence
The Federal Government of Nigeria has ruled out restoring the fuel subsidy and multiple exchange rates
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…
Alternative investment market
NVIDIA Tokenised bStocks (NVDAB) price fell 1.53% to $179.29 on Monday, underperforming a slightly positive Bitcoin, driven mainly by a corporate scandal involving CEO Jensen Huang.
Bitcoin Price Dips Below $75k as Nvidia Scandal Weighs on Crypto Bitcoin…
Ripple (XRP) price is down 6% to $1.09 in 24 hours, underperforming a falling broader market…
Bitcoin (BTC) rose slightly to $75.6k amid low buying conviction after recent selloffs in the cryptocurrency market. With $9 billion in transaction value, BTC trading volume fell about 9% in 24 hours as crypto continued its struggle to break out.
Companies
Custodian Investment Plc is increasingly presenting an interesting valuation proposition on the Nigerian Exchange
INSIDE AFRICA
The South African Rand traded steady against Western currencies, the US dollar, the euro, and the British pound on Monday as gold rebounded amid uncertainty in the global commodity market.