The naira dropped week on week in the foreign exchange market on various contending market dynamics.

Money Market Rates Surge on Deficit Liquidity in Banking System Money market rates were tightened due to a negative liquidity…

Conoil Plc turned to money making machine for its shareholders due to a strong price uptick of 37% week on week recorded last week. 

EUNISELL Tops Performers with 46% Price Uptick Eunisell Interlinked Plc recorded significant price surge of about 46% week on week…

CBN Raises N2.07 Trillion via Treasury, OMO Bills Auctions The Central Bank of Nigeria (CBN) raised more than N2.07 trillion…

Helicopter Crash- NIMASA to Share Information with IMO The Nigerian Maritime Administration and Safety Agency (NIMASA) has pledged to share…

Nigeria’s inflation rate has been projected to rise further due to negative impact high logistics costs and exchange rate pressures on food items across the markets. 

CBN ACTION: The amount of US dollar sold to authorised dealer banks via foreign exchange market auctions fell by about 30% month on month

Algeria Unveils Six Onshore Blocks to Upstream Investors Algeria’s National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) presented six…

Fitch Ratings has affirmed Oyo State’s creditworthiness or Long-Term Issuer Default Rating (IDR) at ‘B-‘ with a positive outlook.