The benchmark yield on Nigerian government bonds rose 11 basis points week on week to 15.92%
The U.S. and European market performances were stifled by weak risk-asset bets amid elevated oil prices and rising yields on debt instruments.
The President, Chartered Institute of Directors Nigeria (CIoD), Mr Adetunji Oyebanji, says Nigeria
Tinubu Pledges Policy Stability as Ogun Attracts $7bn Investment President Bola Tinubu has assured domestic and foreign investors of regulatory…
The Central Bank of Nigeria (CBN)’s biggest signal is not the policy rate cut, according to analysts at AAG Capital Limited
Oyedele Seeks Affordable Capital to Bridge Africa’s Infrastructure Gap The Minister of Finance and Coordinating Minister of the Economy,…
The Central Bank of Nigeria (CBN) is anticipated to keep the benchmark interest rate at 26.5% at the policy committee
MarketForces Africa| The Nigerian Exchange Ltd. (NGX) recorded a total turnover of 3.249 billion.
Financial Inclusion Must Translate to Stronger Household, Business Resilience – CBN The Governor of the Central Bank of Nigeria (CBN)…
The Central Bank of Nigeria (CBN) raised about N4.7 trillion (N4,686,266,639,000) from fixed-interest securities investors through OMO bill allotments across three maturities.
Nigerian OMO bills auctioned by the Central Bank last week attracted N6.1 trillion from investors chasing double-digit returns on naira-denominated assets.
The Nigerian stock market capitalisation dropped to N162.84 trillion as investors lost more than N812 billion
Just In
Alternative investment market
Nvidia tokenised stock (Robinhood) rose to $235, bolstered by increased activity, with trading volume up
NEAR Protocol (NEARUSD) rose 6.10% to $4.97 on Sunday, significantly outperforming a broadly flat crypto market
Ripple (XRP) price rebounded on Sunday, up 1.2% to $1.50, slightly outperforming a broadly positive crypto market driven by a macro-sensitive lift alongside Bitcoin.
Bitcoin (BTC) price is up 0.57% to $85,108, slightly underperforming the broader market’s 0.77% rise, driven mainly by a modest macro-driven uptick across crypto assets.
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INSURANCE
The National Insurance Commission (NAICOM) says the recently concluded recapitalisation exercise raised the Nigerian insurance industry’s total capital to N1.079 trillion.
