The financial system liquidity dipped on Monday as the Central Bank of Nigeria (CBN) debited banks’ cash reserve ratio (CRR) requirement on deposits collected but not disbursed as loans.
Nigeria is expected to prioritise macroeconomic stability by keeping its monetary policy rate (MPR) at 26.5% at the end of the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) meeting this week.
Nigeria’s economy is experiencing steady growth, President Bola Ahmed Tinubu told delegates from Deloitte Africa in Abuja 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
Alternative investment market
Bitcoin Hits $66k, Races Towards Predicted Price on ETF Inflows Bitcoin (BTC) price rose to $66k on Tuesday, outperforming a broadly rising market, driven…
XRP Breakout, Up by 5% as Ripple CTO Regrets Selling at $0.10…
Ethereum (ETH) price inched up by about 2% in 24 hours to $ 1.9k, slightly outperforming…
Bitcoin (BTC) price jumped by about 2% in 24 hours to $65.52k on Monday as the market reacted positively to news
Companies
Transcorp Power Declares N1.50 Interim Dividend Transcorp Power Plc’s board of directors has proposed to pay the power-generating company’s shareholders…
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)…