- CBN Cuts Interest Rate on 1-Year Nigerian Treasury Bill to 16.62%
- Naira Tumbles Against U.S. Dollar as FX Demand Shifts
- LASERC Licences Elektron Energy to Generate Power in Lagos
- Brent Crude Oil Tops $100 as Iran Strikes U.S. Vessels, Tankers
- NVIDIA Tokenised Stock Dips Amidst Surging Japanese Yen
- BUA, Cadbury, Nestle Drag NGX Index; investors lose N1.67trn
- Lionel Messi Agrees Deal to Purchase Spanish Second-Tier Side Eldense
- Bitcoin Price Jumps on Spot ETF Inflows, $99.99K Prediction
News
The Central Bank of Nigeria (CBN) cut the spot rate on Nigerian Treasury bills with a 1-year tenor
Britain, Australia and Canada will launch a 3 million pounds or 4 million dollars fund on Thursday to help support peace in Israel and Palestine.
The benchmark yield on the Federal Government of Nigeria (FGN) bonds increased 13 basis points in the secondary market as investors trimmed their portfolios.
The average yield on Nigerian Treasury bills (NTB) climbed by 12 basis points (bps) in the secondary market on Wednesday as investors sold off naira assets.
The naira spot rate depreciated against the US dollar in the Nigerian foreign exchange market (NFEM) as international payments exceeded supply-side volume.
The Nigerian Exchange (NGX) All-Share Index (ASI) climbed as equities investors gained N99 billion, extending the 3-day rally. The Nigerian stock market closed on a positive note as buying interest persisted in several large- and mid-cap stocks.
The Ekiti Government has begun the disbursement of N55.6 million in grants to 177 entrepreneurs selected across the state under the Innovation Enterprise Support Fund (IESF), in partnership with FirstBank of Nigeria.