Naira Depreciates as Analysts Predict FX Rates will Worsen

FX Market July 12, 2022

Closed at N426.13 on Friday having persistently lost its shine, analysts are seeing a bleak future

T-Bills Yield Hits 6.7%, Bonds 11.3% as Investors Sell Naira Assets

FX Market July 12, 2022

Sustained selloffs in the fixed income market helped the average yields on fixed income instruments chart

NASD Returns 4.17%, Market Sees Negative Movement in Prices

Stock Market July 11, 2022

Year to date return on unlisted stocks trading on NASD Over-the-counter market hits 4.17%

Oil Tumbles on Fresh COVID Variant in China

News July 11, 2022

Crude oil prices ended the week lower and continued falling early Monday as recessionary fears in the United States…

How Has eNaira Performed?

Cryptocurrency July 10, 2022

eNaira is still struggling for acceptance despite an array of benefits listed by the Nigerian monetary…

Mutual Benefits Assurance Announces Delay in Filling Results

News July 10, 2022

Mutual Benefits Assurance Plc has informed shareholders, investing public and key stakeholders

Elon Musk Terminates $44bn Twitter Deal

Companies July 9, 2022

Tesla Chief Executive, Elon Musk, said on Friday he was terminating his $44 billion deal for Twitter Inc

Fed Minutes Show 75bps Hike Appropriate in July

News July 7, 2022

Members of the Federal Reserve’s monetary policy-setting committee determined at its meeting

T-Bills, FGN Bond Yields Track Higher on Sell Pressures

Financial Market July 7, 2022

In the secondary market, sell pressures push the average yield on Nigerian Treasury Bills

DMO to Raise N720 billion from Local Debt Market in Q3

Markets July 6, 2022

Debt Management Office (DMO) has revealed a plan to borrow N720 billion in the third quarter of 2022

What's Hot

Banking System Surplus Liquidity Tops N6trn Ahead of Huge Inflows

DMO to Open N1.75trn Nigerian Govt. Bonds for Subscription

XRP Falls to $1.26 as Investors React to Ripple Payments Crash