Money market rates were mixed as the financial system liquidity declined by approximately 38%
Tincan Customs Command Generates N111.2bn May Revenue Tincan Island Port Command of the Nigeria Customs Service (NCS) generated N111.2 billion…
As Nigeria heads towards the 2027 election, an interest rate cut is becoming less likely, as the market
The Abuja Chamber of Commerce and Industry (ACCI) has called for stronger policies
The Manufacturers Association of Nigeria (MAN) has expressed concern over the sharp decline in commercial bank credit
The Debt Management Office (DMO) hikes rates on Federal Government of Nigeria (FGN) bonds
The Central Bank of Nigeria (CBN) conducted an open market operation on Monday…
Debt Management Office (DMO) is scheduled to hold its monthly auction on June 22, targeting
The average yield on Nigerian Treasury bills (NTBs) increased due to sell pressures after…
The FMDQ market showed strong performance for the week ending June 19, 2026, with total turnover
The banking index dipped sharply by about 10.5% as bears held the Nigerian stock…
The Nigerian Exchange (NGX) equities market capitalisation declined by about N959 billion…
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Alternative investment market
XRP price nosedived to $1.03, underperforming a broadly weaker crypto market, primarily driven by a loss of confidence
Ethereum (ETH) price declined by 4% to $1,556 on Thursday, underperforming a broadly weaker crypto market
Bitcoin (BTC) price declined to $59k on Thursday as US hot inflation stoked sell pressure in the crypto market amid increased expectations of a US Federal Reserve rate cut.
Bitcoin (BTCUSD) dipped 2% to $61.5k on Thursday, closely tracking a broader market decline
Companies
Shareholders of Julius Berger Nigeria Plc have approved a total dividend payout of N6.8 billion,
INSIDE AFRICA
Namibia Exits FATF Grey List After Reforms Namibia has been removed from the Financial Action Task Force’s (FATF) list of jurisdictions, commonly known as the grey…
Editor's Picks
The naira hovered around NGN1,380 per dollar at the Nigerian Foreign Exchange Market (NFEM) amidst a 56% surge in interbank FX turnover.
Foreign
Iranian Envoy Says Strait of Hormuz Fully Open Without Charges Ali Bahreini,…
Featured Business
Nigeria’s naira has endured a prolonged stress test since mid-2023, when authorities dismantled key currency controls and moved toward a unified FX rate.
Financial products
Zenith Bank introduces online Visa application to Dubai
INSURANCE
The National Industrial Court in Abuja has fixed Oct. 21 for hearing of a suit filed by 70 disengaged staff of Premium Pension Limited (PPL) against the company.
