The Central Bank of Nigeria (CBN) turned down more than N2.4 trillion in investors’ money as total subscription at the open market operation topped N4.6 trillion, according to auction results reviewed by MarketForces Africa.
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…
The global equities market delivered mixed performance, with US stocks closing steady
Scott Bessent’s three coordinated moves signal Washington is worried about something bigger than yields
Nigeria’s Domestic Economy Expanded by 3.87% in 2025 – CBN The Central Bank of Nigeria (CBN) says Nigeria’s domestic economy…
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…
The global equities market delivered mixed performance, with US stocks closing steady
In an attempt to lock in yields, Nigerian Treasury Bills rallied across the short, belly, and long durations ahead of the main auction scheduled for Wednesday.
The Nigerian Exchange (NGX) key performance indicators headed south on Thursday, with selloffs in consumer goods and insurance names leading the decliners.
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Alternative investment market
XRP hovered at $1 after a modest price increase following Bank of Montreal in Canada’s expression
Binance Coin (BNB) price topped $610.54 on Saturday, modestly outperforming a flat Bitcoin
Cardano (ADA) has declined 0.72% to $0.177 following a technical breakdown of key support levels.
SK Hynix Tokenised bStock (SKHYB) is up 1.40% to $166.51, outperforming a flat broader market,
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The South African rand traded relatively stable against the US dollar, euro, and British pound as investors continue to assess developments surrounding the reopening of the Strait of Hormuz while digesting softer US inflation data.
Foreign
Business activity across Scotland declined again in July, according to the latest Royal Bank of Scotland Growth Tracker, as demand conditions remained challenging.
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Scott Bessent’s three coordinated moves signal Washington is worried about something bigger than yields
Guaranty Trust Bank, or GTBank, has increased its quarterly spending by 100% to $40,000…
INSURANCE
Linkage Assurance Delivers Impressive Half-Year Earnings Amidst Underwriting Pressure Linkage Assurance Plc…
