Browsing: Economy
The Central Bank of Nigeria (CBN) rejected subscriptions totalling N4.9 trillion staked on OMO bills by the eligible market participants at the auction conducted on Tuesday.
Naira Touches N1,400 per Dollar in Nigerian Currency Market The naira appreciated sharply against the US dollar at the official…
The Managing Director of the Niger Delta Development Commission (NDDC), Dr Samuel Ogbuku, says the commission will fully automate its procurement processes
Up by about $510 million in 2026, Nigeria’s foreign reserve hit its highest in the last 8 years, driven by an increase in crude oil production and relative commodity price stability.
Tariff-Free Trade: Nigeria, UAE Sign Historic Deal Federal Government signed a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab…
Ripple (XRP) rebounds by about 1% over the last 24 hours as sell pressures eased. With the positive price movement, the altcoin has outperformed the broader crypto market’s +0.52% gain.
The Debt Management Office (DMO) raised N1.54 trillion at its monthly auction sales in January as investors’ subscription signaled a higher appetite for the naira assets.
Overnight, Repo Rates Steady with Excess Liquidity in Money Market Excess liquidity in the financial system kept repo and overnight…
Global Growth Outlook to Remain Stable Amidst Headwinds The latest global growth projections from the International Monetary Fund (IMF) suggest…
Managing Director of Financial Derivatives Company, Mr Bismarck Rewane, has projected a cautious but opportunity-laden economic outlook for Nigeria in 2026.