- 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.
Lafarge Africa Plc reached its highest valuation in 52 weeks on the Nigerian Exchange, driven by a remarkable 400% year-on-year increase in dividends, which has fueled buying momentum.
Togo Seeks Increased Electricity Imports From Nigeria Togo has expressed interest in increasing electricity imports…
Julius Berger Flatlined on Low Trading Volume Julius Berger Plc.’s 1.60 billion outstanding shares valuation…
A pullback in the stock market reduced the market capitalisation of fast-moving consumer goods company UAC Nigeria Plc below $300 billion, from its 52-week high.
NB Takes Early Bet on Recycle PET Ahead of Regulation In a move that may…
Transcorp Hotels Plc hit a 52-week high as investor sentiment in the hospitality sector improved, aligning with the positive momentum on the Nigerian Exchange last week.