- 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.
Iran’s IRGC Says “ It will Determine The End of The War” Islamic Revolutionary Guard…
The average yield on Nigerian sovereign Eurobonds rose by 26 basis points in the international debt capital market as foreign portfolio investors exited positions amid the Middle East conflict, rattling global financial markets.
Ripple (XRP) gained approximately 4.2% over 24 hours to $1.41 on Tuesday, closely tracking Bitcoin’s +4.25% move amid a broadly rising cryptocurrency market.
Bitcoin gained about 5% in 24 hours to $70,845.81 on Tuesday as co-founder Michael Saylor posted a cryptic “The Second Century Begins” with a $1.3 billion bet on BTC.
Risk-off Sentiment Shifts Yields on Nigerian Treasury Bills Reflecting risk-off sentiment in the debt market,…
Oil prices eased as markets began to price in a remark that the Middle East conflict will end soon. Brent crude traded at $91.67 per barrel. US benchmark West Texas Intermediate (WTI) increased 5.55% to $87.60 per barrel.