Investors in Nigeria’s financial market are positioning ahead of a major primary market auction (PMA) this Wednesday, with ₦ 800 billion in treasury bills up for subscription.
The Nigerian local currency unit, the naira, weakened against major currencies in the foreign exchange market …
Fitch Ratings has revised the outlook on Nigeria’s Long-Term Issuer Default Ratings (IDRs) to positive from stable and affirmed the IDRs at ‘B’.
The Nigerian Bulk Electricity Trading (NBET) says it has begun settling legacy debts…
NESG, FG Call for Actionable Solutions to Translate Economic Reforms into Jobs, Shared Prosperity The Federal Ministry of Budget and…
World Bank Group Appoints David Vaillant as MD, CFO World Bank Group President Ajay Banga announced the appointment of David…
The Lagos State Government is planning to issue a ₦200 billion bond for investor subscription under the ₦1 trillion
Pathway Advisors Delivers Oversubscribed ₦10bn Commercial Paper for MKH Properties Pathway Advisors Limited has announced the successful arrangement and completion…
Global equities markets rose as expectations for U.S. Federal Reserve rate hikes eased, with technology and AI stocks
Excess liquidity in the Nigerian financial system surged about 33% after heavy OMO bill
The benchmark yield on Nigerian government bonds rose by 8 basis points …
The Nigerian Exchange (NGX) market capitalisation dropped by N206 billion to N160.52 trillion week-on-week, delivering about a 59% year-to-date return.
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Alternative investment market
Ripple (XRP) inched up 2.42% in 24 hours to $1.31 on Sunday, outperforming a modestly higher broader market as capital rotated into altcoins.
Cardano (ADA) price fell 0.89% to $0.21 in the past 24 hours, slightly underperforming a flat broader market (total crypto cap -0.36%) as risk-off sentiment drove capital back to Bitcoin.
Ethereum (ETH) price fell 2.50% to $2,339.09 in 24 hours, underperforming a broadly weaker market
NEAR Protocol (NEAR) price plunged about 10% to $4.46 in 24 hours, sharply underperforming a slightly
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INSURANCE: The market value of AXA Mansard Plc’s 9 billion outstanding shares slipped
