The average yield on Nigerian Treasury bills rose 8 basis points to settle at 17.31%, reflecting diminished investor sentiment and a less supportive climate in the secondary market.

The Central Bank of Nigeria (CBN) increased its intervention in the forex market during the week by injecting an $300 million to reduce the naira’s all-week negative fluctuations.

Oil prices edged higher on Friday as disruptions to shipments through the Strait of Hormuz following attacks on Iran continued to fuel supply concerns.

Stanbic IBTC Hits 52-Week High in Fresh Rally Stanbic IBTC Holding Plc has set a new record in the Nigerian…

Premier Paints Trades Strong on Renewed Investor Confidence After a prolonged period of subdued performance and relative market silence, Premier…

The Naira depreciates over 12 trading sessions at the Nigerian foreign exchange market (NFEM) as pressure on offshore payments continues to reduce the official value of the Nigerian local currency.

Reflecting weak appetite for loans, deposit money banks (DMBs) significantly increased their placements at the Central Bank’s Standing Deposit Facility (SDF) window, reaching N6 trillion as of Thursday.

NGX Index Surges as Nestle Nigeria, Stanbic IBTC Rally The Nigerian equities market closed Thursday’s trading session on a positive…

Intercontinental Exchange (NYSE: ICE), one of the world’s leading providers of financial market technology and data powering global capital markets, including the New York Stock Exchange, today announced a strategic relationship and investment in OKX, a blockchain technology and trading company serving more than 120 million people globally.

OKB explodes with a 18.24% gain in 24 hours to $92.82, sharply outperforming a falling broader market, primarily driven by an explosive surge in trading volume amid institutional validation and adoption.