- Oil Prices Ease as Gulf Exports Rebound, Ceasefire Uncertain
- UK FCA Secures Money Back for Victims of Crypto Fraud
- GCR Upgrades Aradel Rating, Cites Improved Business, Financial Profile
- Naira Depreciates as Interbank FX Turnover Tumbles 78%
- Equities Investors Gain N299bn, Seplat Tops Value Chart
- XRP Price Declines Ahead of Evernorth Vote
- Bitcoin Drops Below $84K as Investors Take Profits
- South African Rand Trades Rangebound Against USD, EUR, GBP
MarketNews
Nigerian OMO bills auctioned by the Central Bank last week attracted N6.1 trillion from investors chasing double-digit returns on naira-denominated assets.
Oil prices rose on Friday following reports that Iran is preparing to attack Israel from Iraqi territory in the coming days. The lingering uncertainties due to geopolitical tensions keep increasing supply risks, though there is also downside to global demand due to Chinese lower imports.
In Nigeria’s sovereign Eurobonds market, sell pressure across the short, mid, and long end of the yield curve nudged the average yield…
The Central Bank of Nigeria (CBN) defended the naira with $30 million in FX sales to authorised dealer banks at a lower spot rate. The amount has again
Fidelity Bank Grows Profit by 145% to N225 billion Fidelity Bank PLC grew profit after…
Interbank Rates Crash over Banks Excess Liquidity Interbank rates plunged significantly as pressure on the…
Equities investors lost more than N225 billion on Thursday as October trading activities on the Nigerian Exchange (NGX) ended in red.