- Money Market Rates Broadly Stable as Excess Liquidity Tops N7trn
- Dangote Cement Gains N5.2trn as Earnings, Otedola Drive 28% Rally
- PTAD Pays N13.87bn Pension Increment Arrears to 18,822 Retirees
- FirstHoldco Slumps 17.31% as Pre-Earnings Buyers Cash Out
- Naira Rises 116 Pips Against Dollar on FX Liquidity Boost
- Apple Tops Nvidia as AI Spending Concerns Reshape Sentiment
- XRP at the Heart of Everything Ripple Does – CEO
- NVIDIA Tokenised Stock Rises to $204 on Fresh Buying Interest
News
Money market rates were broadly stable as excess liquidity in the Nigerian financial system topped N7 trillion, reflecting the Apex Bank’s lack of significant mop-up actions.
XRP is up 1.05% to $1.45 on Friday, outperforming a flat market, primarily driven by a key institutional adoption catalyst. Coinbase’s upcoming institutional trading feature for XRP futures, announced to launch May 1, signals deeper liquidity and reduced execution risk for large investors.
Dogecoin (DOGEUSD) price climbed to $0.0975, slightly outpacing a flat market, driven primarily by speculative positioning in derivatives markets.
CBN Hikes ATM Issuance Fee, Cancels Maintenance Charges The Central Bank of Nigeria (CBN) has…
Oil prices rose on Friday as persistent tensions between the United States and Iran, along with continued disruptions in the Strait of Hormuz, fueled concerns about global supply.
Fixed-interest security investors stayed quiet in the secondary market for Nigerian government bonds ahead of the April auction scheduled for next week.
The Nigerian Treasury bills (NTB) yield declined as investors stepped up buying in the secondary market after the midweek auction, where the Central Bank kept spot rates across tenors unchanged.