Money market rates closed mixed despite a significant surge in financial system liquidity at the beginning of the week. The overnight lending rate rose, but the repo rate closed flattish.

Ripple (XRP) gained about 4% in 24 hours to $1.40, closely tracking Bitcoin’s 4.55% gain amid a broader 3.69% market rally…

Champion Breweries Completes Bullet Brand Portfolio Acquisition Champion Breweries today announced the successful completion of its acquisition of the Bullet…

Dawes Island Marginal Oil Field has secured a $109 million lending facility with Toronto-based REIN Capital to boost its operations.

Nigerian Tugboat Sinks off South African Coast A maritime tragedy unfolded off South Africa’s coast, where a Nigerian tugboat, LEO,…

The Akwa Ibom Government says it has cleared all inherited bank debts totalling N39.83 billion, including the principal and interest.

NAICOM, BPP Sign Pact for Insurance Bond Issuance The National Insurance Commission (NAICOM) and the Bureau of Public Procurement (BPP)…

Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, says Nigeria’s net foreign exchange reserves stood at N34.80 billion dollars as of December 2025.

The naira’s purchasing power dropped sharply at the official window as foreign payments initiated exceeded the US dollar liquidity at the currency market.

Equities Investors Gain N1.7trn as Dangote, MTN Rally Equities investors in the Nigerian stock market gained N1.7 trillion on Monday…