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.
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.
Nigeria Must Lead Global Energy Security – Seplat CEO Mr Effiong Okon, Chief Executive Officer, Seplat Energy Plc, has called…
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) year-to-date return moderated to 56.1% as sell pressure weighed….
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Alternative investment market
Ripple (XRP) price has been capped at $1 over the last 24 hours amid weak buyer conviction….
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.
Companies
AVA Capital: Investors in Search for Next Catalyst as Momentum Fades The sharp reversal in AVA Capital Plc has rapidly…
INSIDE AFRICA
Botswana Inflation Declines to 9.4% in July 2026 Headline inflation decreased from 10.7 percent in June 2026 to 9.4 percent in July but remained above the…
Editor's Picks
The naira exchange rate to the European single currency, the Euro, extended its year-to-date gain to about 7%,
Foreign
BRICS Explores Integration of Instant Payment Systems, Digital Currencies The BRICS countries…
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
Linkage Assurance Delivers Impressive Half-Year Earnings Amidst Underwriting Pressure Linkage Assurance Plc…
