Nigerian Bond Yield Increased by 20 Basis Points to 18.60%
Nigerian Bond Yield Increased by 20 Basis Points to 18.60% The average yield on Federal Government of Nigeria (FGN) bonds climbed slightly in the secondary market due to moderate selloffs…
Naira Trends Positive as FX Turnover Slumps by 31%
Naira Trends Positive as FX Turnover Slumps by 31% FX Watch: There could be a better future ahead as the Nigerian naira starts to heal from losses sustained at the…
Interest Rates on Nigerian Govt Bonds Increase
Interest Rates on Nigerian Govt Bonds Increase Debt Management Office offered higher spot rates on government bonds at the primary market auction conducted on Monday. Investors have been demanding higher…
“Federal High Court Orders Binance to Disclose Nigerian Traders’ Data Amid Money Laundering Probe”
The Federal High Court in Abuja has issued an order compelling Binance Holdings Limited, owners of the largest cryptocurrency exchange, to provide the Economic and Financial Crimes Commission (EFCC) with…
Bitcoin Drops by 10% to $67K as Crypto Rallies Retrace
Bitcoin Drops by 10% to $67K as Crypto Rallies Retrace The market prices of largest digital asset bitcoin and other cryptocurrencies fell on Friday in what looked like a short-term…
Naira Falls, Official Rate Surpasses Black Market by N30
Naira Falls, Official Rate Surpasses Black Market by N30 The Nigerian naira fell as US dollar demand weighed on the exchange rate at the official window. In contrast, the exchange…
Exchange Rates Unified as Naira Sees Small Gain
Exchange Rates Unified as Naira Sees Small Gain Exchange rates converged around N1603 per US dollar at official and parallel markets. The volume of US dollars requested for import matched…
Nigerian Treasury Bills Yield Rises to 18.8%
Nigerian Treasury Bills Yield Rises to 18.8% The average yield on Nigerian Treasury bills rose by three basis points to close at 18.8% amidst selloffs in the secondary market. The…
Bitcoin Hits $71,600 as LSE Opens Crypto ETFs Application
Bitcoin Hits $71,600 as LSE Opens Crypto ETFs Application The market price of the largest cryptocurrency by valuation surged to nearly $72,000 on Monday following notice that the London Stock…
Naira Skids, FX Gap Now N27 as Firms Differ on Real Rate
Naira Skids, FX Gap Now N27 as Firms Differ on Real Rate The Nigerian naira temperature became hotter across foreign exchange markets amidst claims that the local currency is grossly…