- Nigeria Money Market Braces for ₦800bn Treasury Bills Auction
- Excess Liquidity in Banking System Rises to N6.94trn, Rates Mixed
- Fitch Affirms Ireland at ‘AA’ Rating with Stable Outlook
- DMO Raises N2trn from Bonds to Fund Nigeria’s Budget Deficit
- XRP Rises as Investors in Korean Markets Bet on Altcoins
- NVIDIA Tokenised Stock Rises on Fresh Buying Momentum
- Naira Depreciates to N1,361 Ahead of Pre-Election FX Demand
- Dangote Cement Hits N18trn Market Cap. Ahead of London Listing
News
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.
Bitcoin (BTC) price increased by 8.45% in 24 hours, topping $75K in the latest rally amid euphoria over a US Treasury liquidity signal from the buyback plan.
Driven by a slide in the overnight lending rate, funding costs in the money market…
The Nigerian local currency, the naira, gained value at the foreign exchange market due to the strength of available US dollars on the supply side.
Equity investors mined profits from selling their shares in Oando and Aradel Holdings, among others, as losses in the Nigerian stock market extended to eight days.
The South African rand continued to firm against the US dollar as macro data influenced market expectations ahead of the Federal Reserve’s interest rate decision.
Binance Coin (BNB) price climbed by 5.48% to $651.04 on Thursday, closely tracking a broad crypto market rally, driven primarily by a surge in overall market sentiment and capital inflows.