Month: May 2025
Short-term Benchmark Interest Rates Rise over FX Settlement Key money market indicators, the short-term benchmark interest rates, increased as Central…
Naira Gains as Non-Bank Corporate Drives FX Inflows The naira gained against the dominant US dollar in the foreign exchange…
Sterling Holdings Slumps amidst Missed Regulatory Filing Sterling Financial Holdings Company Plc lost about 6% of its market value in…
Nigerian Exchange Shrinks by N167bn as Investors Exit Positions Nigerian Exchange (NGX) market capitalisation plunged as equities investors lost about…
Mauritania Unlocks Access to Additional IMF Loans Mauritania has unlocked access to a $28.7 million loan from the International Monetary…
Unity Bank Deepens Commitment to Financial Literacy with Youth Outreach In demonstration of its commitment to financial empowerment targeting youths,…
Nigeria Opens N300bn Worth of Sukuk for Subscription The Federal Government of Nigeria (FGN) has opened N300 billion worth of…
How Nigeria’s Indigenous Energy Companies Are Rewriting Energy Story In a powerful wave of transformation, Nigeria’s indigenous energy companies are…
Gabon’s Debt Swap Constitutes Distressed Exchange—Moody’s Gabon’s recent debt swap improved liquidity, but Moody’s Ratings agency said the exchange constituted…
Dollar Rallies Amidst US-China Temporary Trade War Pause The US dollar rose against its major trading partners early Monday as…