Browsing: News
The South African rand weakened against the dollar to R16.80 but held steady against the euro at R19.63 and the pound at R22.70, First National Bank (FNB) said in its brief on Tuesday.
The Central Bank of Kenya (CBK) is scheduled to reopen three Treasury bonds on Wednesday as the authority anticipates a large payout in May.
Russia Raids Gas Extraction Facilities in Ukraine Russia carried out strikes on Ukraine’s gas extraction facilities on Tuesday, killing five…
Nigeria Unveils Long-Term Energy Plan –NUPRC Mrs Oritsemeyiwa Eyesan, Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),…
Bitcoin (BTC) price surged by about 3% to $81,007.13 on Tuesday, outpacing the broader market’s 2.2% gain, driven by renewed institutional ETF demand and a geopolitical relief rally.
Airbus, FG Sign Agreement to Drive Nigerian Aerospace Growth The Airbus, a leading aircraft manufacturing company, has signed a Memorandum…
UN Alarmed by Escalating Drone Attacks in Sudan The United Nations is alarmed by the escalating drone attacks in Sudan…
The Nigerian sovereign Eurobonds yield declined in the international market amid growing interest from foreign portfolio investors in top oil-linked African issuers.
The average yield on Nigerian government bonds declined in the secondary market amid cautious trading activities, although investor confidence in local debt instruments remains strong.
The naira exchange rate climbed to N1365 per dollar at the official market in the absence of significant demand for international payment. The forex market liquidity improved as interbank trading deals spiked, according to data released by the Central Bank.