Money Market News
Apple Settles $490 Million Lawsuit Over Tim Cook’s China Sales Comments
Apple Inc. has reached a significant settlement of $490 million to resolve a class-action lawsuit accusing Chief Executive Tim Cook...
Read moreGTCO Plans to Raise N525 Billion Through IPO to Strengthen Capital Base
Guaranty Trust Holding Company (GTCO) Plc is gearing up to raise approximately N525 billion through a public offer, aimed at...
Read moreNigeria Banks Lead in Capital Importation, Stanbic IBTC Tops List
In the final quarter of 2023, Nigeria witnessed a surge in capital importation, with the banking sector emerging as a...
Read moreNaira Continues Decline Against US Dollar in Official and Black Markets
The Naira faced further depreciation against the United States dollar, continuing its downward trend in both the official and black...
Read moreASI Soars to Record High, Boosting Equity by N420 Billion
The Nigerian Stock Exchange's All-Share Index (ASI) witnessed a remarkable surge, climbing by 743.66 points to reach an unprecedented high...
Read moreGold Prices Surge to Record Highs on Powell’s Rate Cut Comments
The precious metal continued its robust rally from last week amid increasing optimism surrounding U.S. interest rate cuts. Traders maintained...
Read moreCBN Sells N1.3 Trillion in Treasury Bills with High Interest Rates
The Central Bank of Nigeria (CBN) has concluded another round of Treasury Bills (T-Bills) auction, selling approximately N1.3 trillion worth...
Read moreEuro Regains Popularity Among Global Central Banks
As the European Central Bank exits negative interest rates and euro area government bond yields rise, the euro is regaining...
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Massive Allocation of N90 Billion to Akpabio Constituency Raises Concerns
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FG Pursues $1 Billion World Bank Loans to Address IDP Challenges
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Sell Your Cardano (ADA)- KSS Research Analyst Urges Investors
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Mobile Money Transactions to Hits N46.6 Trillion in 2023-NIBSS
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CBN Stands Firm: Banks Restricted from Using FX Revaluation Gains for Dividends