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The naira regained value at the Nigerian foreign exchange market (NFEM) on Wednesday as improved hard currency liquidity reduced pressures from surging FX demand for international payments and settlements.

The Nigerian Exchange (NGX) year-to-date return climbs to 62.27% on Wednesday as funds continue to rotate into risky assets, though stockbrokers spotted a slowdown in momentum.

The Nigerian financial system liquidity spiked more than 40% following a significant OMO bill repayment by the Apex Bank to eligible investors on Tuesday.

NGX Tops N145trn as Industrial, Banking Stocks Rally The Nigerian Exchange (NGX) topped N145 trillion on Friday, driven by cement,…

Bitcoin (BTC) price topped $75.3k on Friday as easing geopolitical tensions continue to boost buying momentum in the cryptocurrency market.

In a fresh price retracement, Ripple (XRP) dipped 3.45% to $1.33 over the past 24 hours, underperforming a slightly weaker broader market, primarily driven by persistent selling pressure and a rejection at key resistance.

CBN Hikes Rate on Nigerian Treasury Bills, Rejects Excess Bid The Central Bank of Nigeria (CBN) hikes discount rate on…

CBN Allots N756bn OMO Bills to Investors, Rates Tighten The Central Bank of Nigeria (CBN) conducted its open market operations…

Naira Rallies as FX Inflow Grows by 8.2% to $1.19 Billion The naira rallied across foreign exchange (FX) markets as…

Seplat Energy Raises $567m from Debt Notes Seplat Energy Plc has announced successful completion of its tender offer for a…