- NEAR Protocol Dips 10% Over Alleged Stolen Patented Technology
- XRP Seeks Catalyst to Halt Downtrend, Breaks Below $1.30
- Bitcoin Drops to $80.5k on Spot ETFS Outflows, AI Stocks Rout
- Naira Touches N1,395 to US Dollar as FX Order Book Surges
- Nigeria’s Gas Reserves Rise 3% to 215.29 Trillion Cubic Feet
- Oil Prices Edge Higher, Brent Rises 5% Week-on-Week to $115
- FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
- XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
MarketNews
The Central Bank of Nigeria (CBN) allotted OMO bills to match the aggregate subscription from investors seeking high-yield naira assets at the primary market auction.
Nigerian deposit money banks (DMBs) placements at the Central Bank of Nigeria (CBN) Standing deposit Facility (SDF) window edged higher on midweek as the authority slowdown aggressive liquidity management action.
Excess liquidity in the Nigerian financial system surged about 33% after heavy OMO bill
PH Refinery Yet to Commence Bulk Sales – NNPC The Port Harcourt Refining Company (PHRC)…
Cash: CBN Issues Ultimatum against Banks, ATM Delays The Central Bank of Nigeria (CBN) on…
NASD Advocates Compliance with SEC Rules on Securities Trading The NASD Over-the-Counter (OTC) Exchange has…
Equities investors lose about N168 billion on the Nigerian Exchange (NGX) due to huge selloffs ….
Local investors in the Nigerian bond market scaled back as portfolio rebalancing efforts persisted. Investors trimmed their positions or holdings in FGN bonds in the secondary market. Notably, sell-side action transactions outpaced moderate buying experience.
CBN Sells US Dollar at Higher Rates to Nigerian Banks The Central Bank of Nigeria…
Editors Picks
Subscribe to News
Get latest news from MarketForces Africa...
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
