- South African Rand Holds Steady as Gold Climbs, Oil Prices Ease
- Afreximbank Supports Veenocks’ $145m Project for Industrial Expansion
- Nigeria Savings Bond Offer Opens at 13.25% and 14.25%
- Nigerian Treasury Bills Rally as CBN Reprices Spot Rates
- Nigeria’s Private Sector Output Growth Hits 2022 High – PMI
- Oil Prices Fall on US Preference for Diplomatic Solution with Iran
- US Indexes Dip as Tech Earnings Disappoint, European Stocks Rally
- Money Market Rates Broadly Stable as Excess Liquidity Tops N7trn
News
The South African Rand traded steady against Western currencies, the US dollar, the euro, and the British pound on Monday as gold rebounded amid uncertainty in the global commodity market.
The African Export-Import Bank (Afreximbank) has supported Veenocks Limited’s porcelain tile manufacturing plant in Sagamu, Ogun State, Nigeria, through its Project Preparation Facility (PPF) and a US$81.9 million senior term loan.
Nigeria has opened subscriptions for its November 2026 Federal Government Savings Bond offer, with annual interest rates of 13.250 per cent for the two-year bond and 14.250 per cent for the three-year bond.
Equity analysts at CardinalStone Securities Limited have raised GTCO’s 12-month target price to N159.65 as the financial services group returns to its pre-2023 dividend payout ratio.
Oyedele Replaces Edun as Tinubu Reshuffles Cabinet President Bola Tinubu has approved a minor cabinet…
BNB/USD: Binance Coin Dip to $629, Tracking 2026 Target Price Binance Coin (BNB) $629 over…
The average yield on Nigerian Treasury bills rose in the secondary market ahead of the midweek primary market auction, traders said in separate notes.
The Central Bank of Nigeria (CBN) sold N1.9 trillion in Open Market Operation (OMO) bills to investors on Tuesday as part of its strategy to reduce excess liquidity in the financial system.
Naira Value Weakens to N1,350 as FX Payments Surge The Nigerian local currency fell against…