Global over-the-counter (OTC) derivatives notional outstanding grew to $845.7 trillion at the end of June 2025, a 15.9% rise compared to mid-year 2024 and a 20.9% increase relative to year-end 2024, International Swaps and Derivatives Association (ISDA) said in a report.

Nigerian, Angolan, and Egyptian sovereign Eurobonds rallied in the international capital market, supported by enhanced optimism among foreign portfolio investors (FPIs).

The money market liquidity improved following inflows from matured bonds and Nigerian treasury bills. The market experienced liquidity fluctuation that plunged liquidity into deficit after the OMO bills settlement during the week.

Tinubu Okays Commercial Oil Drilling In Ogun Gov. Dapo Abiodun of Ogun says President Bola Tinubu has approved the commencement…

Kogi Plans N50bn Sukuk To Fast-Track Airport, Market Projects Gov. Ahmed Ododo of Kogi on Thursday unveiled plans to raise…

President Bola Tinubu has approved the gazetting of targeted, investment-linked incentives to support Shell’s proposed Bonga South-West deep-offshore oil project.

Mansard Insurance Plc, a member of the AXA Group, has introduced a digital motor insurance inspection solution designed to make vehicle inspection faster and more convenient for Nigerians.

The Naira depreciated by N1.38 against the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Thursday, closing the session at ₦1,422.07/$, according to daily FX update released by the Central Bank.

Equities Market Lost N557bn to Investors Profit-Taking Actions The Nigerian equities market weakened on Thursday, lost N557 billion on the…

Seplat Energy Names Tony Elumelu Non-Executive Director Seplat Energy Plc has announced the appointment of Mr Tony Elumelu, as a…