Yuan Strengthens 7.1877 Against Dollar The central parity rate of the Chinese currency renminbi, or the Yuan, strengthened 17 pips…

The average yield on Nigerian Eurobonds decreased slightly following a moderate buying interest by offshore investors in the market. The yield contracted as foreign portfolio investors increased their position amidst uncertainties in the Nigerian economy.

The prices of crude oil in the global commodities market increased on Friday as the US dollar weakened amidst a ceasefire

FG to Regulate, Licence Space Sector Chief Uche Nnaji, Minister of Innovation, Science and Technology, has said the Federal Government…

Local investors in the Nigerian bond market scaled back as portfolio rebalancing efforts persisted. Investors trimmed their positions or holdings in FGN bonds in the secondary market. Notably, sell-side action transactions outpaced moderate buying experience.

CBN Sells US Dollar at Higher Rates to Nigerian Banks The Central Bank of Nigeria (CBN) sold additional US dollars…

Interbank Rates Dip as FAAC Credit Boosts Liquidity The financial system closed with a liquidity deficit, which kept the short-term…

Fiducia, Mynd Partner to Enhance Supply Chain Financing in Africa Fiducia, a Nigerian digital supply chain financing platform, says it…

BEDC Builds New 33kv Feeder Line to Improve Power Supply in Edo The Benin Electricity Distribution Company (BEDC), says it…

Hackaholics 5.0: Wema Bank Awards N145m to 7 Innovators Bank has disbursed N145 million in cash prizes to seven startups,…