The Central Bank of Nigeria (CBN) raised a total of NGN4.5 trillion through OMO and Treasury bills last week, as investor demand for naira assets remains strong via primary market auctions (PMAs)

DeXe price (DEXEUSD) climbed 14.76% to $22.67, significantly outperforming Bitcoin’s +1.7% gain, driven primarily by a broad rotation into high-performing altcoins.

The South African rand is trading flat against crosses on Monday as a surprise US May jobs report fueled a broad dollar rally and crushed emerging-market currencies.

Global equities markets closed on a bearish note on Friday, with Wall Street, the FTSE 100, and the Euro Stoxx 50 indices falling week-on-week as geopolitical disruptions dampened investor sentiment.

Oil prices surged by about 5% on Monday as escalating tensions in the Middle East heightened concerns over potential supply disruptions amidst airstrikes.

Nigeria will leverage the €59 million West Africa Sustainable Ocean Programme (WASOP) to combat illegal, unreported and unregulated (IUU) fishing and strengthen marine resource management.