Browsing: Naira

The Nigerian naira gave up struggling momentarily against dominant US dollar in the official market

The Central Bank of Nigeria (CBN) has further reduced interest rate on Treasury bills sold to investors at the primary market auction conducted midweek. The apex bank received higher bids for its primary market auction

Wema Bank unveiled the 5th edition of its flagship youth and startup-focused tech competition,

The African Export-Import Bank (Afreximbank) has bagged six awards at the recently concluded 2024 Bonds,

The Central Bank of Nigeria (CBN) has offered to sell $10,000 to 1,583 Bureau de Change (BDCs) operators in the

The average yield on Nigerian Treasury bills rose sharply, up by more than 6%,

Sustained selloffs lifted the average yield on Nigerian Treasury bills by 45 basis points amidst rising concerns over inflation conditions in the local market.

The naira recorded another gain against the US dollar in the forex market on Monday.

Equities investors in the Nigerian stock market recorded more than N140 billion daily loss on Wednesday due to shifting market sentiment. Following some unimpressive earnings releases, there has been some investment repositioning that triggered sell pressures.

Naira Races to Beat Goldman Sachs Forecast The exchange rate appreciated further midweek as the Nigerian naira continued to claw…