The fixed income market recorded a rush for Nigerian treasury bills on Thursday, following the monetary authority’s rejection of 60% of total subscriptions at the main auction 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 naira destiny has been successfully tied to hot money equation – high interest rate can only broing foreign capital
Alternative investment market
The Nigerian stock market expanded by more than N849 billion on Friday as investors’ attention shifted to tier-1 banks’ stocks, stockbrokers said.
Ripple (XRP) price declined to $1.08, underperforming a slightly weaker broader market, primarily driven by macro-driven risk aversion and a bearish technical breakdown.
Bitcoin, Ethereum, Binance Coin, Ripple, and other altcoins declined amid selling pressure despite optimism from Japan’s reclassification of cryptocurrencies as financial assets.
XRP traded soft as the token price slid 2.19% to $1.09 on Thursday, underperforming a slightly weaker broader
Companies
Netflix revenue climbs in the second quarter (Q2) of financial year 2026 as the company’s global subscribers watch more than 97 billion hours in the first six months.
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)…