- Overnight Rate Rises as Liquidity Dips, NOFR Steadies at 20%
- Oil Prices Surge, Brent Inches Close to $110 Per Barrel
- Wall St. Up on Mega-Stock Rally, Unrest Keeps European Markets on Edge
- Tinubu’s Reforms Spare Nigeria Deeper Economic Crisis -Shettima
- World Bank Group Launches 1st Digital Strategy to Expand Access
- Equities Investors Lost N1.47trn as Dangote Cement, Zenith Bank Dip
- Return to Fuel Subsidy Could Push Exchange Rate to N4k/$ -Oyedele
- DMO Hikes Interest Rates on Nigerian Government Bonds
News
The overnight lending rate rose as surplus liquidity in the banking system declined, keeping money market
Excess liquidity in the banking system, which peaked above N6 trillion, shrank due to outflows relating to the settlement of OMO and Nigerian Treasury bills sold at the primary market auctions.
Kasi Cloud Datacenters Commission West Africa’s First Hyper-Scale-Ready, AI-Capable Data Centre Campus in Lagos Kasi…
Champion Breweries Plc lost more than 5% of its market value on the Nigerian Exchange (NGX) last week as investors booked profit amidst a small dividend payment to shareholders.
Securities and Exchange Commission-regulated (SEC) AAG Capital Limited has set N141.62 per share as the target price for Guaranty Trust Holding Company (GTCO), according to details from the investment firm’s equity review.
Dual-listed telecom company Airtel Africa Plc traded at a 52-week high on the Nigerian Exchange (NGX), with 3.578 billion outstanding shares valued at N12.489 billion.
Nigerian companies and individuals with access to personal leverage will continue to pay high interest rates on borrowing funds as the Central Bank keeps the benchmark interest rate.