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Economy
The benchmark yield on Federal Government of Nigeria (FGN) bonds climbed to 16.70% in the secondary market ….
The average yield on Federal Government of Nigeria (FGN) bond dipped to 15.4% in the secondary market, as investors actively seek real returns in the naira curve.
The latest X-Compliance Report released by the Nigerian Exchange Group (NGX Group) points to a deeper structural liquidity challenge in Nigeria’s equity market rather than a temporary, cyclical weakness.
The average yield on Nigerian OMO bills climbed to 21.1% in the secondary market, reflecting investors’ measured decisions to adjust their holdings in these short-term investment securities.
Oil prices are set to jump sharply when trading resumes Sunday night, as unprecedented U.S. and Israeli strikes on Iran have intensified Middle East tensions.
Global equities markets closed on a mixed note as investors sought sanctuary in the UK, trimming holdings in tech-heavy U.S. and EU benchmarks.
KuCoin Token (KCS) fell by 8.51% over 24 hours to $7.63 amid severe selling pressure, significantly underperforming flat Bitcoin and the broader crypto market.