Funding Rates Edge Up, Banks Borrow from CBN
Funding Rates Edge Up, Banks Borrow from CBN Funding rates edged up in the money market as most Nigerian deposit money banks continued their quest for liquidity to meet their…
Analysts See 48% Upside in Access Holdings at N25.68 Dec Target Price
Analysts See 48% Upside in Access Holdings at N25.68 Dec Target Price 48% upside simply means N1 million investment in Access Holdings PLC stock could appreciate to N1.480 million if…
Yields Subdue as Investors Divest 2025, 2026 FGN Bonds
Yields Subdue as Investors Divest 2025, 2026 FGN Bonds Trading activities in the secondary market for Federal Government of Nigeria (FGN) bonds ended on a quiet note as investors weigh…
Nigerian Exchange Grows as Equities Investors Gain N61bn
Nigerian Exchange Grows as Equities Investors Gain N61bn The equities market capitalisation of the Nigerian Exchange grew as investors recorded about N61 billion in capital appreciation. The local bourse extends…
Naira Gains as Nigeria Records 19th FX Inflows in Days
Naira Gains as Nigeria Records 19th FX Inflows in Days The naira climbed further on Tuesday as forex market liquidity stayed ahead of US dollar demand logged by eligible FX…
MPC: Ex-CBN Director Predicts Increase in Lending Rate
MPC: Ex-CBN Director Predicts Increase in Lending Rate Dr Titus Okunronmu, former Director of Research Department, Central Bank of Nigeria (CBN), has predicted an increase in the lending rate from…
Oil Rises as Tehran Confirms Iranian President Death
Oil Rises as Tehran Confirms Iranian President Death Oil prices spiked on Monday after Tehran confirmed the deaths of Iranian President Ebrahim Raisi, and other officials in a helicopter crash…
Domestic Securities Market a Major Source of Funding for FG – DMO
Domestic Securities Market a Major Source of Funding for FG – DMO The Debt Management Office (DMO), says the Nigerian domestic securities market remains a major source of funding for…
Mohammed, Fintiri Inaugurate N20bn Flyover Projects in Bauchi
Mohammed, Fintiri Inaugurate N20bn Flyover Projects in Bauchi Gov. Bala Mohammed of Bauchi State has inaugurated the construction of two flyover bridges in the Bauchi metropolis. Mohammed, who spoke during…
NiMET Staff Suspend Planned Strike After Reps Intervention
NiMET Staff Suspend Planned Strike After Reps Intervention The Nigerian Meteorological Agency (NiMet) workers have suspended their planned strike following the intervention of the House of Representatives. This is contained…