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Dangote Sugar Soars by 15% as Board Plans Earnings Release Dangote Sugar Refinery Plc.’s market value soared by 15% on…

MPC Keeps Benchmark Interest Rate at 27.50% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at…

Riskoff Sentiment Provokes Surge in Nigerian Eurobonds Yield The Nigerian Eurobonds yield rose slightly due to foreign investors’ riskoff sentiment…

Interbank liquidity worsened further, sinking deeper into negative territory, highlighting the ongoing liquidity crunch in the financial system. Hence, money market rates were further pressured as banks faced a huge liquidity deficit totalling N1.58 trillion, up from N1.064 trillion the previous day.

CBN Hacks Rates on Treasury Bills as Inflation Falls Discount rates on Nigerian Treasury bills fell sharply across standard maturities…

Oil Prices Jump as Ukraine Attacks Russian Facility Oil prices jumped in the global commodity market as Ukraine launched heavy…

Interbank rates eased despite a huge liquidity deficit in the banking system totalling more than N1 trillion. The financial system has maintained a negative liquidity profile in the last five days in the money market in the absence of significant inflows.

SEC Moves to Tax Cryptocurrency Transactions in Nigeria The Nigeria Securities and Exchange Commission (SEC) has announced amendments to regulations…

Nigeria’s Headline Inflation Rate Falls to 24.48% Nigeria’s headline inflation rate fell to 24.48% in January following the consumer price…

UBA Group Donates $500,000 to AU Peace Fund Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced the…