The Central Bank of Nigeria (CBN) sold OMO bills worth N7.30 trillion in May 2026 as part of efforts to manage liquidity levels in the financial system.

South African Rand Strengthens on Softer US Dollar, Bonds Rally The South African rand gained…

Global equities opened on a mixed note after renewed tensions between the US and Iran weighed on sentiment, while investors reacted to a sharp surge in oil prices.

Oil prices edged lower on Tuesday after surging more than 5% in the previous session, as conflicting signals from Washington and Tehran over the future of US-Iran negotiations prompted investors to reassess geopolitical risks in the Middle East.

Benchmark yield on Nigerian government bonds eased slightly to 16.31% in the secondary market at the beginning of the week as investors rotated funds away from risky equities.

Ripple’s XRP is down 3.50% to $1.27 in 24h, closely tracking a broader crypto market sell-off primarily driven by institutional risk-off sentiment and leveraged liquidations.