The Central Bank of Nigeria (CBN) allotted OMO bills to match the aggregate subscription from investors seeking high-yield naira assets at the primary market auction.
The Nigerian local currency unit, the naira, weakened against major currencies in the foreign exchange market …
Fitch Ratings has revised the outlook on Nigeria’s Long-Term Issuer Default Ratings (IDRs) to positive from stable and affirmed the IDRs at ‘B’.
The Nigerian Bulk Electricity Trading (NBET) says it has begun settling legacy debts…
NESG, FG Call for Actionable Solutions to Translate Economic Reforms into Jobs, Shared Prosperity The Federal Ministry of Budget and…
World Bank Group Appoints David Vaillant as MD, CFO World Bank Group President Ajay Banga announced the appointment of David…
The Lagos State Government is planning to issue a ₦200 billion bond for investor subscription under the ₦1 trillion
Pathway Advisors Delivers Oversubscribed ₦10bn Commercial Paper for MKH Properties Pathway Advisors Limited has announced the successful arrangement and completion…
Global equities markets rose as expectations for U.S. Federal Reserve rate hikes eased, with technology and AI stocks
The overnight lending rate rose as surplus liquidity in the banking system declined, keeping money market
The Debt Management Office (DMO) hiked spot rates on Federal Government of Nigeria
Nigerian stocks selloffs extended with investors losing about N104 billion…
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Alternative investment market
Ripple (XRP) price fell 5.22% to $1.31 in 24 hours, underperforming a broader market decline
Bitcoin (BTC) fell 4.13% to $81,162 on Thursday, underperforming a broadly weaker crypto market
NVIDIA Tokenized bStocks (NVDAB) price declined by 0.52% to $216.80 on Tuesday, underperforming a rising broader crypto
Ripple (XRP) price rose 2.38% to $1.33 on Tuesday, outperforming a broadly positive crypto market…
Companies
Guinness Nigeria Profit Surges 53%, Declares N7 as Dividend Guinness Nigeria has strengthened its earnings recovery, delivering double-digit revenue growth,…
INSIDE AFRICA
King Letsie III of Lesotho said that nearly 60 per cent of the world’s chronically undernourished population by 2030 could be living in Africa.
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The Central Bank of Nigeria (CBN) allotted OMO bills to match the aggregate subscription from investors seeking high-yield naira assets at the primary market auction.
Foreign
Meta Fined $25bn for Misleading the Public on Facebook Data A New Mexico…
Featured Business
Payments made through Faster Payments and other forms of remote banking reached …
7 Things to Know About the Dangote Refinery IPO Dangote Petroleum Refinery…
INSURANCE
INSURANCE: The market value of AXA Mansard Plc’s 9 billion outstanding shares slipped
