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- “Nigeria Unseen”: NLNG Announces 2027 Creative Arts Prize Call for Entries
- Nigeria Interbank Rates Mixed as Banking Liquidity Hits N8.5trn
- XRP Slumps to $1.08 With No Buying Catalyst in Sight
- Fitch Affirms IHS Holding at ‘B+’ With Positive Outlook
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- Naira Weakens as Forex Market Dollar Supply Tightens
Business
The Federal Government said the $21.7 billion borrowing proposal President Bola Tinubu transmitted
Wall Street and the FTSE 100 climbed as demand for shares in Artificial Intelligence
The Federal Government of Nigeria has ruled out restoring the fuel subsidy and multiple exchange rates
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.
Nigeria’s debt burden is projected to decline in 2026 to around 35% of the gross domestic product (GDP) in 2026, according to details obtained from Moody’s periodic ratings review.
Nigerian deposit money banks with exposure to foreign loans are expected to settle $1.7 billion Eurobonds that will expire in 2026, according to a non-rating commentary note released by Fitch.
The Central Bank of Nigeria (CBN) has made another foreign exchange market intervention this week to address the ongoing depreciation of the naira.
In the secondary market for Nigerian government bonds, trading activity was mixed as investors evaluated their portfolios against targets.
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