With a slide in interbank rates, excess liquidity in the financial/banking system…
OMO Bills Reopening Drives Funds Away from Nigerian Stocks One of the more consequential policy shifts in Nigeria’s financial markets…
About 40 vehicle assembly plants now operational in Nigeria – NADDC The National Automotive Design and Development Council (NADDC) says…
NPA Says 21 Ships to Berth at 3 Lagos Ports The Nigerian Ports Authority (NPA) says 21 ships laden with…
The Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele
Nigeria’s headline inflation rate is projected to decrease in July, influenced by fluctuating global oil prices
SEC Sets 5 p.m. T+1 Settlement Deadline The Securities and Exchange Commission (SEC) has fixed 5:00 p.m. on the first…
CIBN Urges Banks to Deploy Recapitalised Funds to MSMEs The Chartered Institute of Bankers of Nigeria (CIBN) has urged banks…
Japan Commits $3.5m Grant to Boost Nigeria’s Rice Seed Production The government of Japan on Monday provided about 587 million…
Alternative investment market
Apple Tokenised Stock (Robinhood) price inched higher by approximately 1% over the
NVIDIA Tokenised Stock (Robinhood) climbed 3.91%in 24 hours to $221.37, moving …
SpaceX Tokenised bStock Up as Ondo Adds Stock as Collateral SpaceX Tokenised…
XRP is down 6.30% to $1.38 on Wednesday, underperforming a slightly weaker broader market
Companies
FirstHoldco Plc declined by about 7.2% as equity investors booked profits amid the group chairman, Femi Otedola’s, latest share accumulation.
INSIDE AFRICA
Guinea-Bissau to Vote on Constitution Expanding Presidential Powers Guinea-Bissau will hold a constitutional referendum on Aug. 30 on proposed reforms that would expand presidential powers and…