- Oando Breaches N40 Support on Pre-Earnings Sell Pressure
- H1 2026: FCMB Group Sustains Performance, Reports 99% Growth in Profit Before Tax to ₦157.3 Billion
- Recapitalisation Deadline: 70% Insurers Meet Requirements- NIA Chairman
- Nigerian Naira Hovers at N1,362 as CBN Drives 50% of FX Liquidity
- Linkage Assurance Finalises N16.2bn Rights Issue
- Transcorp Power, Access Holdings Selloffs Drag NGX Index Lower
- BEAT- Audiera Gains 24% in 24Hours Ahead of Major Token Unlock
- South African Rand Firmer on Improved Global Risk Sentiment
MarketNews
Interbank Rates Diverge as Financial System Liquidity Declines Interbank rates diverge as financial system liquidity reduced week on week to about N3.8 trillion amidst…
Nigerian Exchange Rises by N132bn as UBA, Zenith, Access Rally With about N132 billion gain,…
Benchmark Yield on Nigerian Bonds Dips as Demand Rises The average yield on Nigerian government…
The average yield on Nigerian Treasury bills dipped slightly in the secondary market due to increased demand for naira assets, restricted by tight liquidity which capped trading actions.
Money market rates climbed strongly, trending at double digits highs, on the back of sustained liquidity squeeze in the banking system. The market opened the week with more than N60 billion deficit in the absence of significant inflows to boost liqudity condition in the financial market.
The naira depreciated further against the dominant US dollar at the Nigerian autonomous foreign exchange (FX) market, settling near N1690 per greenback on Tuesday.
The Nigerian Exchange (NGX) lost about N69 billion from its opening market capitalisation after selloffs festival