Money Market News
Zenith Bank Lists 9.67 Billion Shares as Equity Market Gains N477 Billion
Zenith Bank Plc has successfully listed an additional 9.67 billion ordinary shares on the Nigerian Exchange Limited (NGX), following the...
Read moreStock Market Surges as Investor Confidence Strengthens Amid Portfolio Rebalancing
The Nigerian stock market maintained its bullish momentum last week as increased investor confidence, driven by portfolio rebalancing and corporate...
Read moreMutual Funds Investments in Nigeria Surge by 80.8% to N4.1 Trillion
The Nigerian mutual funds market has witnessed a remarkable 80.8% increase in total assets under management, soaring to N4.1 trillion...
Read moreTop-Performing Nigerian Equity Funds in January 2025
The Nigerian stock market kicked off 2025 on a positive note, with the All-Share Index (ASI) rising by 1.53% in...
Read moreCBN Extends FX Sales to BDC Operators Until May 30 to Support Market Stability
The Central Bank of Nigeria (CBN) has announced an extension of the foreign exchange (FX) sale period for Bureau de...
Read moreNigerian Banks Raise N1.7 Trillion in Recapitalization Drive, Boosting Market Confidence
Nigeria’s banking sector kicked off 2025 with strong market performance, as banks collectively raised N1.7 trillion in new equity capital...
Read moreNaira Strengthens to Seven-Month High, Gains N63 Against the Dollar
Nigeria’s currency experienced a significant appreciation in January 2025, gaining N63.72 against the US dollar to close at N1,474.78/$ at...
Read moreDMO Raises N669.94 Billion in January 2025 FGN Bond Auction
The Debt Management Office (DMO) has successfully raised N669.94 billion in the January 2025 Federal Government of Nigeria (FGN) bond...
Read moreNew AI Undressing Tool Raises Concerns About Privacy and Regulation.
Okcoin Reports 450% Increase In Institutional Customers
13 Nigerian States Allocate ₦3.87 Trillion for Salaries and Administration in 2025 Budgets
Court Upholds FCCPC’s Authority in MTN Legal Battle
Meta plans to cut 11,000 jobs in one of the year’s largest layoffs.