Nigerian Treasury Bills Yields Fall on Naira Asset Attractiveness The average yield on Nigerian Treasury bills (NTBs) declined by 4 basis points (bps) in the secondary market on Wednesday as investors continue to pile up positions in the naira asset. Rising appetite for long-duration papers…
Global equity markets advanced, with Wall Street closing higher after buying interest in major technology companies following earnings releases.
Nigeria Must Lead Global Energy Security – Seplat CEO Mr Effiong Okon, Chief Executive Officer, Seplat Energy Plc, has called…
NPA Expects 39 Ships in Lagos The Nigerian Ports Authority (NPA) says 39 ships carrying petroleum products, food items and…
FG Tightens Budget Rules, Bars MDAs from Awarding Unfunded Contracts The Federal Government has barred Ministries, Departments and Agencies (MDAs)…
FGN Offers 2 Savings Bonds for Subscription at N1,000 Per Unit The Debt Management Office (DMO), on behalf of the…
Wall Street came under pressure as US equities sold off amidst earnings releases…
Interbank Rates Diverge as Financial System Liquidity Declines Interbank rates diverge as financial system liquidity reduced week on week to…
The Central Bank of Nigeria (CBN) is scheduled to auction Nigerian Treasury bills totalling N700 billion…
Alternative investment market
Worldcoin (WLD) price declined 5.68% to $0.3005, significantly underperforming…
Cardano Gains 10% on Inter-Blockchain Communication Launch Cardano (ADA) gained about 10%…
XRP price dived to $1.05, a technical battleground for a decisive uptrend or downtrend in the token price
XRP price is hovering at $1.07 on Wednesday, underperforming a slightly positive broader market.
Companies
Dangote Refinery Tops U.S. as Europe’s Largest Jet Fuel Supplier Nigeria’s flagship refinery accounts for one-fifth of Europe’s jet fuel…
INSIDE AFRICA
Africa May Face Strongest El Nino in Decades, AU Experts Warn Africa could experience its strongest El Nino event in decades from November, with climate experts…