- Naira Gains Traction on Improved FX Liquidity, Closing at N1,346/$
- Fitch Revises France’s Outlook to Negative; Affirms at ‘A+’
- CBN Raises N2.9trn as Investors Oversubscribe OMO Bills Offering
- NGX Index Climbs as Access Holdings, Transcorp Power Rally
- AFC, GCF Unlock $690 Million in Climate Finance
- OPay: Business Fundamentals Unaffected by NYSE Listing Suspension – Analysts
- XRP Decouples from Bitcoin, Rises to $1.26 as Wallets Grow
- Oil Prices Surge as US Strikes Iran’s Island, Brent Tops $106
News
The Nigerian naira rose against the crosses in the official market on Tuesday, reflecting improved FX conditions
Fitch Ratings has revised the Outlook on France’s Long-Term Issuer Default Ratings (IDRs) to Negative from stable and affirmed the Long-Term IDRs at ‘A+’.
The Central Bank of Nigeria (CBN) raised N2.9 trillion from OMO bills at Tuesday’s primary market auction to mop up excess liquidity in the financial system.
UN Secretary-General, Antonio Guterres, has urged governments, institutions and communities worldwide to intensify efforts to combat Islamophobia and protect Muslims from discrimination, hostility and violence.
The interest rate differential between Open Market Operations (OMO) and Nigerian Treasury bills has widened significantly, driven by the Central Bank of Nigeria’s (CBN) decisive actions to draw hot money into the economy.
Petrol Price Hike: NLC Demands Government’s Intervention The Nigeria Labour Congress (NLC) has called for…
XRP Gains on Network Utility Boost, Price Rises to $1.42 Ripple (XRP) records a 2.4%…
Ethereum (ETHUSD) climbed above $2k, reflecting an improved sentiment as BlackRock launches a yield-paying ETH staking Exchange-traded fund.
The headline inflation rate is projected to settle at 13.48% year on year for February 2026, on account of the consumer price index (CPI) easing further amid the energy crisis. The market anticipates that the statistics office will release the February inflation figures this week.
Editors Picks
Subscribe to News
Get latest news from MarketForces Africa...
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
