The combined market value of Nigerian Tier-1 banks increased by more than N40 billion week on week, according to data tracked by MarketForces Africa. 

The struggling naira weakened by N67 per the US dollar week on week amidst a new measure to drag out foreign currency

Caverton Offshore Support Group Plc lost 20% of its market value in the stock market due to a strong selling rally by an army of unimpressed investors. 

The Nigeria’s Eurobond market was heated up with selloffs from foreign portfolio investors (FPIs) seeking alpha on international debt securities.

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