- Oil Prices Fall Sharply on Peace Hope, China Cuts Imports by 50%
- Ethereum Price Races Towards $2K on Huge ETH Staking
- NGX Group Declares N1.30 Interim Dividend
- Interbank Rates Diverge as Financial System Liquidity Declines
- FCMB Gains 11% as Group Hints at H1 2026 Earnings, Incentive Plan
- FirstHoldco Jumps 25% on Post-Earnings Momentum, Firm Cuts TP
- Access Holdings Surges 16% in Pre-Earnings Bets
- CBN to Auction N700 billion Worth of Nigerian Treasury Bills
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…
FBN Holdings Keeps Uptrend Ahead of ‘Offer’ Pricing FBN Holdings (FBNH) Plc has continued to…
Geregu Power Sets for Fresh Uptrend, Hits All-Time High Geregu Power Plc has set a…
Nigerian Treasury Bill Selloffs Provoke 10bps Yield Surge It was seller market during the midweek…
Interbank rates crossed the 31% benchmark as the liquidity level in the financial system remains in negative territory. Due to a weak funding profile in the financial system, money market rates have remained elevated.
US Federal Reserve slashed fed fund rates by 50 basis points (bps) as hawkish monetary policy has now expired. In a statement, the Fed said recent indicators suggest that economic activity has continued to expand at a solid pace.
Equities investors trading highs and lows on the Nigerian Exchange (NGX) platform gained more than N316 billion due to positive price appreciation is some bellwethers on Wednesday.