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News
The Nigerian local unit, the naira, lost N9.43 per US dollar at the official window amid sustained FX liquidity shortages and a growing foreign reserves deficit, according to Central Bank data.
Prices of crude oil edged higher across various grades in the global commodities market amidst buckets of uncertainties. Tensions in the Middle East persisted while weak economic data in China, and U.S suggest demand level would be put in check.
Nigeria’s Bonds Yields Steady on Quiet Trading The average benchmark yield on Nigerian government bonds…
NCAA to Sanction Airline Operators for Delayed Tickets Refund The Nigerian Civil Aviation Authority (NCAA)…
The Bank of Industry (BOI) says it has disbursed N22.89 billion out of the N75 billion manufacturing sector intervention fund to 29 manufacturers.
Nigeria, Saudi Arabia Deepen Ties on Iron Ore Extraction The Federal Republic of Nigeria and…
The money market saw a sharp increase in interbank rates at the start of the week, reversing a previous trend, as there were no notable inflows to improve the financial system’s liquidity balance.