- Nigerian Naira Gains 4.7% in 7 Months, Nears Fair Value
- Interbank Rates Mixed as Banking System Liquidity Sinks by 21%
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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….
FirstHoldco Jumps 25% on Post-Earnings Momentum, Firm Cuts TP First Bank of Nigeria (FBN) non-operating…
The Central Bank of Nigeria (CBN) is scheduled to auction Nigerian Treasury bills totalling N700 billion…
GCR Affirms Nova Bank Ratings, Revises Outlook to Stable GCR Ratings (GCR) has affirmed Nova…
BUA Foods Drops 10% after N28 Dividend Payment BUA Foods Plc’s market value declined by…
Cardoso, Okonjo-Iweala to Headline 7th Africa Emerging Markets Forum in Abuja The Central Bank of…
The naira gained value, rising by about N18.10 per US dollar in the official foreign exchange