- Money Market Rates Mixed on 36% Banking System Liquidity Surge
- Crude Oil Prices Mixed as U.S.-Iran Negotiate Indirectly
- Taraba Government Dismisses N1.2trn Debt Claims
- 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
News
Money market rates headed in different directions as financial system liquidity ended last week in surplus.
Airbus, FG Sign Agreement to Drive Nigerian Aerospace Growth The Airbus, a leading aircraft manufacturing…
UN Alarmed by Escalating Drone Attacks in Sudan The United Nations is alarmed by the…
The Nigerian sovereign Eurobonds yield declined in the international market amid growing interest from foreign portfolio investors in top oil-linked African issuers.
The average yield on Nigerian government bonds declined in the secondary market amid cautious trading activities, although investor confidence in local debt instruments remains strong.
The naira exchange rate climbed to N1365 per dollar at the official market in the absence of significant demand for international payment. The forex market liquidity improved as interbank trading deals spiked, according to data released by the Central Bank.
NNPC Signs MoU for Restart, Expansion of Warri, PH Refineries The Nigerian National Petroleum Company…