The financial system was flush with cash, strong enough to keep money market rates stable, supported by FAAC
Nigeria’s economy is experiencing steady growth, President Bola Ahmed Tinubu told delegates from Deloitte Africa in Abuja on Wednesday.
The Federation Account Allocation Committee (FAAC), has shared N2.550 trillion among the Federal Government
Ms Omolola Oloworaran, the Director-General of the National Pension Commission (PenCom)
Nigeria’s Frontier Market Story: Reassuring Global Investors Beyond Index Inclusion For Nigeria to strengthen its position as a credible frontier…
The Federal Government, through the Debt Management Office (DMO), has announced two savings bonds for subscription in July.
CBN Hikes Interest Rates on Treasury Bills, Allots N1.1trn The Central Bank of Nigeria (CBN) hiked spot rates on Treasury…
Trading in Nigerian government bonds was mostly bearish, with investors trimming positions
Nigeria’s improved value-added tax (VAT) collection continues to drive growth in the non-oil sector, resulting
The Central Bank of Nigeria (CBN) reduced the Treasury bills spot rate by 4 basis points to 17.66%, according to details from primary market auction results obtained by MarketForces Africa.
The average yield on Nigerian Treasury bills declined as fixed income investors piled into positions ahead of the midweek auction, Broadstreet traders said.
Alternative investment market
Ethereum (ETH) price inched up by about 2% in 24 hours to $ 1.9k, slightly outperforming…
Bitcoin (BTC) price jumped by about 2% in 24 hours to $65.52k on Monday as the market reacted positively to news
Ripple (XRP) price is down 0.631% to $1.09 as the token continues to fall back below the line due to sustained outflows linked to exchange-traded funds (EFTs).
Ripple (XRP) price is holding flat around $1.09 over the last 24 hours, roughly unchanged on the day
Companies
CSCS Declares N1 Interim Dividend After Half-Year Earnings The Board of Directors of the Central Securities Clearing System (CSCS) Plc…
INSIDE AFRICA
Rwanda Spends $32m on Fuel Subsidies in 4 Months- Minister The Rwandan government said it has spent nearly 48 billion Rwandan francs (about 32 million dollars)…