Nigeria’s sovereign Eurobonds faced selling pressure in the international market as foreign portfolio investors continue to pile into US Treasuries amid elevated yields.
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…
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.
The average yield on Nigerian government treasury bills increased as fixed-income market investors rebalanced their portfolios ahead of the inflation rate announcement.
Money market rates tightened amid a surplus of liquidity in the financial system, despite a significant outflow related to the settlement of auctioned OMOs and Treasury bills.
The Nigerian Exchange (NGX) equities market capitalisation declined on Monday as investors’ portfolio values fell by more than N106 billion due to sell-side pressure.
Just In
Alternative investment market
Ripple today announced a partnership with Jeonbuk Bank, making it the first regional bank …
Ethereum price increased 1.5% to $1,903.77 on Monday, outperforming the broader market, which rose 0.81%, driven primarily by positive sentiment around forward-looking protocol development and a technical breakout from a tight range.
Bitcoin (BTC) price rose 0.60% to $63,408 on Monday as investors increased bets on the digital asset
Ripple (XRP) price has been capped at $1 over the last 24 hours amid weak buyer conviction….
Editor's Picks
South African Rand Weakens Ahead of Bonds Auction South African rand weakened…
Foreign
South African Rand Weakens Ahead of Bonds Auction South African rand weakened…
Featured Business
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
Heirs Insurance Group Records ₦115 Billion in Gross Written Premium •In 2025,…
