- DMO Hikes Rates on Bonds to Meet N1.2trn Borrowing Target
- S&P 500 Declines as SpaceX, Alphabet, Meta Slide
- Rates Top 20% as CBN Sells N2.7trn in OMO Bills to Investors
- DeXe Price Climbs by 28% on Explosive Trading Volume
- Naira Gains as Nigeria’s Foreign Reserves Top $51 Billion
- GTCO, Zenith Bank Drive N1.52trn Gain in Nigerian Exchange
- Ethereum Price Rises as Morgan Stanley Files Low-Fee Spot ETF
- Bank of England Launches Stablecoin Rules for UK Users
Author: Marketforces Africa
MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.
Nigeria is partnering with UK, Germany and the World Economic Forum towards the realisation of President
The average yield on Nigerian Treasury bills rose slightly in the secondary market as investors
President Bola Tinubu is scheduled to inaugurate the construction work of the 1000-km Sokoto-Badagry Coastal
The Nigerian Customs Service (NCS) has intercepted a cache of arms and ammunition valued at N270 million
Access Holdings Plc says it has conducted a formal signing ceremony to initiate a rights issue
NOVA Bank Limited has commenced commercial banking operations with national authorisation following an approval from the Central Bank of Nigeria (CBN), according to official statement.
The naira has maintained steady decline for two weeks while the nation’s external reserves continue to climb. Exchange rates at informal currency market and official rates plunged into deadly spiral after the apex bank’s FX intervention sales.
Equities investors recorded more than N131 billion daily gain on Wednesday in the Nigerian Exchange (NGX) following sustained buying interest in heavyweight and some lightweight stocks.
The market price of Bitcoin fell to $60,300 on Wednesday due to strong retail selloffs in major names in the cryptocurrencies markets. Due to selloffs, the global crypto market cap has dropped by 3.48% over the day to $2.23 trillion, while trade volume climbed to $67.31 billion.
With relatively healthy buying interest, GTCO, Access Holdings and UBA Plc were among other Nigerian banking names driving momentum on the Nigerian Exchange (NGX) during early trading hours on Wednesday.