The Central Bank of Nigeria (CBN) offered 19.40% interest on 105-day bills at the recent OMO bill auction, though allotment fell short of the full offering despite strong demand and substantial liquidity in the financial system.

Naira Touched Intraday High of N1405/$ in FX Market The naira touched an intraday high of N1405 per dollar at…

Banking and oil stocks drove momentum in the Nigerian stock market on Tuesday, reflecting investors’ positive sentiment amidst earnings releases.

Ellah Lakes’ N235bn Public Offer Failed, Investors Get Refund Ellah Lakes Plc’s N235 billion public offers failed to meet the…

Iran Says Strait of Hormuz Closed, Warns it’ll Attack Ships Trying to Pass Iran says the Strait of Hormuz is…

U.S. Imposes Sanctions on Rwanda Military Over East Congo Fighting The U.S. on Monday imposed sanctions ‌on the Rwanda Defence…

Brent hit $80 per barrel on Tuesday as Middle East tensions rattled the global commodity market, raising supply risks and affecting energy costs.

Iran Regime Change Welcome But Not Main Goal – U.S. Vice President U.S. officials have stressed that President Donald Trump’s…

Foreign Investors Sell Nigerian, African Issuers Eurobonds Yields on Nigerian Eurobonds rose as African issuers confront significant selloffs from offshore…

FG Unveils $552m HOPE-EDU Initiative to Boost Basic Education Reform The Federal Government has unlocked a 552 million dollars HOPE…