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Return on OMO, Treasury Bills Slide to 26% amidst Rally

Return on OMO, Treasury Bills Slide to 26% amidst Rally The average return on Nigerian open market operations (OMO) and Treasury bill instruments settled at...

Yield Hits 19.8% as Uncertainties Stoke Selloff in Bond Market

Yield Hits 19.8% as Uncertainties Stoke Selloff in Bond Market Bond market investors reduced their interest in the Federal Government of Nigeria's (FGN) long-term borrowing...

Bitcoin Price Depreciation Drags Crypto Market Cap to $2.534T

Market data from cryptocurrency exchanges shows that the price depreciation of Bitcoin on the final day of May reduced the value of the entire cryptocurrency market to $2.53 trillion, a decrease of 0.11% from the previous day.

Treasury Bills Market Rallies despite Liquidity Drain

Treasury bills that were purchased in the fixed interest securities market saw a rise following high bids and allotments at the Central Bank of Nigeria's (CBN) primary market auction (PMA) last week.

Geregu Power Outperforms Q1 Profit Expectation by 160%

Geregu Power Plc outperformed its profit expectation for the first quarter of 2024 by more than 160%, according to

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Naira Puts on ‘Show’ Against Dollar in FX Market

Naira Puts on ‘Show’ Against Dollar in FX Market The...

Niger to Get Additional $40.9 million Loans from IMF

Niger to Get Additional $40.9 million Loans from IMF Niger...

Electricity Shortage Poses Threat to Zambia Economic Recovery

Electricity Shortage Poses Threat to Zambia Economic Recovery Zambia’s recovery...

FAAC: FG, States, LGs Share N1.681trn April Revenue

FAAC: FG, States, LGs Share N1.681trn April Revenue The Federation...

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