Money Market News
Interest Rates on Nigerian Treasury Bills Drop Amid High Demand
The Central Bank of Nigeria (CBN) saw significant demand during its latest Nigerian Treasury Bills (NTB) auction held on September...
Read moreEquity Market Declines by N83bn Amidst Sell-Offs in Major Stocks
The Nigerian Exchange (NGX) recorded a loss of N83 billion in market value last week as investors responded to sell-offs...
Read moreInvestors Flock to Nigerian Treasury Bills with N1.13 Trillion in Subscriptions
The latest Nigerian Treasury Bills (NTBs) auction, conducted on September 4, 2024, witnessed a significant surge in investor interest, with...
Read moreNaira Faces Increased Pressure, Trades at N1,635/$ in Black Market
The Nigerian naira continues to struggle in the black market, where it recently traded at N1,635 per dollar, slipping from...
Read moreTop Nigerian Banks Report Remarkable Profit Surge in First Half of 2024
In a notable financial turnaround, six prominent Nigerian banks have reported substantial increases in pre-tax profits for the first half...
Read moreBanks’ Deposits with CBN Surge to N3.42 Trillion Amid Policy Changes
The Central Bank of Nigeria (CBN) has reported a notable increase in banks' deposits, reaching a record N3.42 trillion by...
Read moreNigeria’s External Debt Servicing Surges to $2.78 Billion Amid Economic Strain
In the first seven months of 2024, Nigeria's expenditure on external debt servicing surged by 53.6% to $2.78 billion, up...
Read moreZenith Bank Records N2.1 Trillion in Half-Year Gross Earnings, Doubling Profit
Zenith Bank Plc has announced a significant rise in its financial performance for the first half of 2024, reporting a...
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Nigeria’s First Foreign-Currency Domestic Bond Garners $900 Million in Subscriptions
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Indeed: Demand Surges for Generative AI Skills Paying Over $150,000
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Nigeria’s Currency Float: Implications for the Economy and Future Growth
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Elon Musk Offers Legal Support for Twitter Users Amidst Unresolved Employee Issues.
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Stock Market: Top 5 things to watch in markets in the week ahead