- 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 $106
News
The Nigerian naira rose against the crosses in the official market on Tuesday, reflecting improved FX conditions
Fitch Ratings has revised the Outlook on France’s Long-Term Issuer Default Ratings (IDRs) to Negative from stable and affirmed the Long-Term IDRs at ‘A+’.
The Central Bank of Nigeria (CBN) raised N2.9 trillion from OMO bills at Tuesday’s primary market auction to mop up excess liquidity in the financial system.
NEPC Tasks Solid Mineral Sector on Export Competitiveness The Nigerian Export Promotion Council (NEPC) has…
The naira strengthened across both exchange channels on Thursday, appreciating by 0.34% to N1,371.51/$ at the Nigerian foreign exchange market (NFEM) window.
Equities investors gained about N649 billion as the Nigerian Exchange (NGX) recovered from two days of sell pressure on Thursday. The stock market performance indicators rose by 0.52%
With significant trading volume, Zenith Bank Plc closed positively on Thursday as investors continue to eye the 2025 earnings release and dividends to drive a significant re-rating.
XRP jumped slightly in the crypto market on Thursday as Ripple moves to obtain an Australian financial services license via the acquisition of BC Payments.
Oil prices surged on Thursday, with Brent crude approaching $100 a barrel following reports of an attack on two oil tankers near Iraq’s Basra port, raising concerns about potential supply disruptions in the Middle East.