- CBN to Offer N700 bln in Nigerian Treasury Bills for Subscription
- Leadway Assurance Targets Digital Growth After Recapitalisation
- Naira Closed at N1365 in FX Market, Foreign Reserves Rebound
- XRP Faces Price Risk, Token Trades Against Catalysts
- Accord Rejects Tinubu Endorsement Claim
- Canada’s Outlook Brightens Despite Tariffs, Fuel Price Risks
- TAO Surges on Mentat Lend Money Market for Subnet Tokens Launch
- 147 Structures to be Affected by Coastal Highway Service Lane Construction
News
The Central Bank of Nigeria (CBN) is scheduled to open NGN700 billion worth of Treasury bills for investors’ subscription this week, according to a primary market auction circular.
The Nigerian Content Development and Monitoring Board (NCDMB) says ongoing reforms in the oil and gas sector are attracting billions of dollars in new investments and restoring investor confidence.
XRP gains slightly as Ondo Finance announced that it has successfully completed the first cross-border and interbank buyback of tokenised US Treasury bonds in collaboration with JPMorgan Chase’s Kinexys platform, Mastercard, and Ripple.
The naira rebounded in the Nigerian Foreign Exchange Market (NFEM), appreciating by a significant 67 basis points (bps) against the U.S. Dollar.
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) says its ongoing nationwide data verification exercise is aimed at ensuring accurate data for sharing revenue among states and local government areas (LGAs).
ABUJA: The Federal Government has approved a $500 million annual funding mechanism to transform Nigeria’s research and innovation ecosystem in line with international best practices.
The Nigerian Exchange (NGX) All-share index (ASI) recovered from sell pressures as Airtel Africa, Dangote Sugar Refinery, among others, drove momentum in the local bourse on Wednesday.