- Nigerian Naira Gains 4.7% in 7 Months, Nears Fair Value
- Interbank Rates Mixed as Banking System Liquidity Sinks by 21%
- Bitcoin Rebounds as Michael Saylor Clarifies Strategy’s $5bn Sale Claim
- CPPE Seeks Reform of Development Finance
- Conoil Profit Rises Six Folds, Margin Expands
- Trump Halts Planned Iran Strike Amid Peace Push
- XRP Gains as Ripple Releases $1bn from Escrow Before Protocol Update
- EU Begins Wider Enforcement of AI Act From Aug. 2
News
The naira gained about 4.7% in the last seven months, supported by the Central Bank of Nigeria….
Interbank rates were mixed last week as banking system liquidity declined by approximately 21% to close at about N3 trillion. The liquidity drop was primarily attributed to outflows associated with Open Market Operations (OMO) and the settlement of Nigerian Treasury bills auctions.
Bitcoin (BTC) rebounded; the price is up 2% in 24 hours to $63,322 as investors reacted….
IMF Commends Zimbabwe’s Economic Resilience After Programme Review The International Monetary Fund (IMF) has commended…
Afreximbank, Gebeya unveil $50,000 CANEX Create-thon for African creatives Afreximbank, through its Creative Africa Nexus…
The Nigerian naira softened against the US dollar at the official FX window, with data showing a sharp decline in interbank turnover over the past 24 hours.
United Capital Microfinance Bank grows capital to N5.6bn United Capital says its microfinance bank has…
GCR Ratings has upgraded Lagos State Government’s national scale long-term issuer rating to AA(NG) from AA-(NG) and affirmed its national scale short-term issuer rating at A1+(NG).
The Nigerian Exchange (NGX) All-Share Index (ASI) declined as equities investors lost about N648 billion, reversing the previous day’s rebound.