Total Direct FX Remittances Decline by 6.28% Year-on-Year to $282.6m in Q1
Despite the Central Bank of Nigeria's (CBN) efforts to boost foreign exchange reserves, total direct FX remittances dropped by 6.28% ...
Tag: financial market
FG Targets N450 Billion from May 2024 Bond Auction
The Debt Management Office (DMO) has revealed plans to issue bonds worth N450 billion in its upcoming auction scheduled for ...
Naira Plummets to Record Low as N1235 Per Dollar in the FX Market
In a concerning turn of events, the Nigerian Naira fell to a historic low of N1,235 per US dollar on ...
American Banks Brace for Earnings Season Amidst Rising Interest Rates
As American banks close out yet another quarter marked by surging interest rates, concerns about diminishing margins and increasing loan ...
DMO Initiates Subscription for Federal Government Bonds at 12% Interest Rate
The Debt Management Office (DMO) of Nigeria has announced the commencement of the subscription process for two-year and three-year Federal ...
FMDQ Acquires Over 1 Billion Units of CSCS Shares in N20 Billion Transaction.
FMDQ Securities Exchange, one of Africa's leading financial market infrastructure groups, has successfully acquired 1,080,641,902 units of Central Securities Clearing ...
Nigeria’s Foreign Reserves Drop by Over $600M in First 18 Days of Tinubu’s Presidency.
Nigeria's foreign reserves have been experiencing a rapid decline, reaching one of its lowest levels, shedding an additional $600 million ...
Popular Story
-
Banks Raise Over N1.7 Trillion Through E-Offering in Recapitalization Effort, Says SEC
-
The Silent Budget Crisis: Why Nigeria’s 2025 Fiscal Year Hangs in the Balance
-
Airtel Africa Announces Plans to Take Mobile Money Unit Public in 2025
-
Tier-1 Banks Propel Market Capitalization by N167 Billion
-
Foreign Inflows to Nigerian Exchange Plummet to Lowest in 2024
RateCaptain
We bring you the most accurate in new and market data. Check our landing page for details.