The naira rose against the US dollar on Tuesday as demand for international payments declined, with data showing a moderate slide in interbank FX turnover.

The Nigerian Exchange (NGX) All-Share Index (ASI) and market capitalisation shrank further on Tuesday, with the equities portfolio balance reducing by N478 billion as sell pressure persisted.

Nigeria Can Leverage Pension, Sovereign Wealth Funds for Growth — AfDB An Economic Expert, Prof. Kevin Urama, says Nigeria can…

TAJBank Limited, Nigeria’s top non-interest bank (NIB), has retained its lead as the country’s biggest ethical bank, based on the 2025 regulatory-approved financial statements of all NIBs.

The Central Bank of Nigeria (CBN) sold OMO bills worth N7.30 trillion in May 2026 as part of efforts to manage liquidity levels in the financial system.

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Global equities opened on a mixed note after renewed tensions between the US and Iran weighed on sentiment, while investors reacted to a sharp surge in oil prices.

Oil prices edged lower on Tuesday after surging more than 5% in the previous session, as conflicting signals from Washington and Tehran over the future of US-Iran negotiations prompted investors to reassess geopolitical risks in the Middle East.

Benchmark yield on Nigerian government bonds eased slightly to 16.31% in the secondary market at the beginning of the week as investors rotated funds away from risky equities.

Ripple’s XRP is down 3.50% to $1.27 in 24h, closely tracking a broader crypto market sell-off primarily driven by institutional risk-off sentiment and leveraged liquidations.