The average yield on Nigerian Treasury bills declined slightly to 18.81% ahead of the midweek auction
MarketForces Africa| The Nigerian Exchange Ltd. (NGX) recorded a total turnover of 3.249 billion.
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Nigeria’s foreign reserves increased to $54.410 billion following the latest round of FX inflows into the local economy, with more than 99% of the credit balance staying liquid.
The National Bureau of Statistics (NBS) says Nigeria’s total merchandise trade stood at N41,444.89 billion in the second quarter of 2026.
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Nigeria’s gross foreign reserves topped $54 billion, the highest on record since 2008, according to data obtained from the Central Bank portal.
Banking System Liquidity Declines by 66%, NOFR Unchanged Short-term benchmark money market…
The Central Bank of Nigeria (CBN) mopped up about N3 trillion from open market operations
The banking index drove a N297 billion gain on the Nigerian Exchange (NGX) amid a sharp reduction
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The average yield on Nigerian Treasury bills declined slightly to 18.81% ahead of the midweek auction
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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.
