- Nigerian Banking System Excess Liquidity Climbs to N7.31trn
- Oil Dips as US-Iran Negotiations Progress, Brent Falls to $110
- CBN Intervenes in FX Market, Injects $500m to Ease Supply Stress
- Bitcoin Falls Below $80k Ahead of Federal Reserve Rate Decision
- Naira Losses Deepen, Exchange Rate Weakens to N1,367/$US
- Equities Investors Gain N2.6trn as Dangote Cement, FirstHoldco Rally
- Transcorp Group Delivers N111.4bn Profit in 9M-2026, Expands Margin
- SK Hynix Tokenised bStock Rises on Capital Rotation to RWA
MarketNews
Nigerian Banking System Excess Liquidity Climbs to N7.31trn Keeping money market rates movements in check, surplus liquidity in the Nigerian banking system topped N7.3…
The Central Bank of Nigeria (CBN) defended the naira by injecting $500 million, equivalent to N1,360.15 to N1,376, into banks amid rising demand for the US dollar in the official window.
Investors in Nigeria’s financial market are positioning ahead of a major primary market auction (PMA) this Wednesday, with ₦ 800 billion in treasury bills up for subscription.
Yield on Nigerian Bonds Falls to 19% Ahead Q2 Supply The Nigerian fixed income market…
Short-term Benchmark Interest Rates Soar as Liquidity Fluctuates The short-term benchmark interest rates rose as…
Ecobank Rallies Ahead of First Quarter Earnings Release Ecobank Transnational Incorporation (Ticker: ETI) rallied in…
CBN Reduces Nigerian Treasury Bills Offer after Under Allotment The Central Bank of Nigeria (CBN)…
Taking the top seat as the largest single shareholder, Femi Otedola, First Holdco chairman, has raised his direct interest in the group by 4121% in 12 months to 1.689 billion units, according to audited financial statements released. Indirect shares credited to Otedola also increased by about 28% to 2.543 billion units.
Market Wrap: NGX Index Declines as Stockholders Lose N207bn The Nigerian Exchange (NGX) All-Share Index…