- Interbank Rates Climb as System Liquidity Surplus Moderates
- World Bank Scouts for $5.79bn in Private Financing for Nigeria
- Are Visa or Mastercard truly the best payment methods?
- CBN Raises N4.3trn from OMO, Treasury Bills Subscriptions
- Analysts Bullish on Fidelity Bank, Set 40% Upside Potential
- Moody’s Upgrades Ghana’s Credit Ratings, Changes Outlook
- SSA: Reforms Prove Support Amid Volatile External Environment -Fitch
- Nigerian Naira Softens Against US Dollar, Euro, British Pound
News
Interbank rates rose as the financial system’s liquidity surplus moderated due to the Central Bank
Extending its rally, Ethereum (ETH) price climbed 5.38% over the past 24 hours to $2,375 on Thursday, outperforming the broader market, driven primarily by a powerful macro catalyst and a massive short squeeze.
Ripple (XRP) price is up 18.98% on Friday, significantly outperforming the broader market
Bitcoin (BTC) price increased by 8.45% in 24 hours, topping $75K in the latest rally amid euphoria over a US Treasury liquidity signal from the buyback plan.
Driven by a slide in the overnight lending rate, funding costs in the money market…
The Nigerian local currency, the naira, gained value at the foreign exchange market due to the strength of available US dollars on the supply side.
Equity investors mined profits from selling their shares in Oando and Aradel Holdings, among others, as losses in the Nigerian stock market extended to eight days.