- OMO Inflows Drive Nigeria’s Financial System Liquidity 72% Higher
- External Reserves Stand at $52bn – Cardoso
- XRP Spot ETF Net Inflow Tops $1bn, Price Swings
- Naira Appreciates as Nigeria’s Foreign Reserves Top $52bn
- Investors’ Wealth Tops N159trn as Nigerian Stock Market Expands
- XRP Price Hits $1.15 on Clarity Progress, Ripple Prime Wins
- NCC Calls for Stronger African Collaboration Ahead of Global Telecom Policy Conference
- Global Hunger Declines Across Continents, Trade Risks Loom- UN
Economy
External Reserves Stand at $52bn – Cardoso The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says Nigeria’s foreign exchange reserves has…
Reflecting weak appetite for loans, deposit money banks (DMBs) significantly increased their placements at the Central Bank’s Standing Deposit Facility (SDF) window, reaching N6 trillion as of Thursday.
African Eurobonds Issuers’ Yields Ease in Fresh Rally The average yield on Nigerian Eurobonds declined…
Dangote Sugar Refinery Plc’s (Ticker: DANGSUGAR) share price nosedived by 10% as investor sentiment deteriorated after an unimpressive earnings performance.
The Central Bank of Nigeria (CBN) is poised to open Treasury bills for subscription at the primary market auction on Wednesday to efficiently refinance maturing securities.
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.