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    Naira Gains Traction on Improved FX Liquidity, Closing at N1,346/$

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    • Naira Gains Traction on Improved FX Liquidity, Closing at N1,346/$
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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 244

    Nigerian Exchange Delivers 60.90% Return in 5 Months

    News May 30, 2026

    The Nigerian Exchange (NGX) delivered a 60.90% return from January to May 2026, driven by persistent demand for stocks of local companies across sectors.

    GCR Affirms Access Bank AA/A1+ With Stable Outlook

    News May 30, 2026

    GCR Ratings (GCR) has affirmed Access Bank Plc’s national scale long and short-term issuer ratings of AA(NG) and A1+(NG), respectively, while the outlook is stable.

    Oil Prices Fall 9% in 5 Days as US-Iran Tensions Ease

    News May 30, 2026

    Oil market posts weekly losses as progress toward a US-Iran ceasefire agreement eases concerns over potential supply disruptions through the strategic Strait of Hormuz.

    BNB Gains 5.9% on Binance’s 65th HODLer Airdrop Catalyst

    News May 30, 2026

    BNB Gains 5.9% on Binance’s 65th HODLer Airdrop Catalyst Binance coin (BNB) gained 5.9% in 24 hours to $672.93, significantly…

    XRP Gains 2% on Institutional Demand, Altcoin Rotation

    News May 30, 2026

    Ripple (XRP) gained more than 2% over the past 24 hours to $1.34, outperforming a flat Bitcoin, primarily driven by steady institutional accumulation via spot exchange-traded funds (ETFs).

    Naira Climbs as Nigeria’s Foreign Reserves Cross $49bn

    News May 30, 2026

    The naira climbed against the US dollar to 1,373 at the Nigerian Foreign Exchange Market (NFEM) at the close of the trading session on Friday.

    Central Bank Floats N600bn OMO Bills, Raises N1.9trn

    News May 30, 2026

    The Central Bank of Nigeria (CBN) conducted an open market operation in which it offered N600 billion in OMO bills to investors across three tenors.

    Cooking Gas Price Continues to Increase- NBS

    News May 30, 2026

    The National Bureau of Statistics (NBS), says the average price of 5kg of cooking gas increased from N7,655.73 recorded in March to N8,706.93 in April.

    Nigerian Exchange Index Rebounds, Investors Gain N414bn

    News May 30, 2026

    The Nigerian Exchange (NGX) All-Share Index rebounded on Friday, closing the last trading day of May on a bullish note, with investor portfolios increasing by N414 billion.

    Kerosene Price Increases to N2,976.94 Per Litre in April- NBS

    News May 29, 2026

    The National Bureau of Statistics (NBS), says the average retail price of a litre of kerosene increased from N2,430.38 recorded in March to N2,976.94 in April.

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    Naira Gains Traction on Improved FX Liquidity, Closing at N1,346/$

    November 3, 2026

    Fitch Revises France’s Outlook to Negative; Affirms at ‘A+’

    November 3, 2026

    CBN Raises N2.9trn as Investors Oversubscribe OMO Bills Offering

    November 3, 2026

    NGX Index Climbs as Access Holdings, Transcorp Power Rally

    November 3, 2026

    AFC, GCF Unlock $690 Million in Climate Finance

    November 3, 2026

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