Treasury Yields Dip Ahead of June Jobs Report as Markets Watch Trump’s Spending Bill
U.S. Treasury yields edged lower on Thursday morning as investors awaited the release of the June nonfarm payrolls report, a…
Category: Market
Asian Stocks Dip as Trump Tariff Deadline Looms and Fed Rate Cut Outlook Uncertain
Asian stock markets faltered on Wednesday as global investors navigated a complex mix of looming U.S. tariff deadlines, ambiguous Federal…
Global Markets Hold Steady Amid Tariff Tensions and Uncertain U.S. Rate Policy
Global markets remained cautious as investors weighed developments in U.S. fiscal policy and looming trade uncertainties. Despite the U.S. Senate…
FG Spends N611.7bn in March on Domestic Dollar Bond Repayment – DMO
The Federal Government of Nigeria spent N611.71 billion in March 2025 to service its first-ever domestic US dollar-denominated bond, according…
Nigeria’s External Reserves Drop $3.5bn in Six Months Despite Naira Stability
Nigeria’s external reserves have declined by $3.51 billion in the first half of 2025, dropping from $40.883 billion at the…
Nigerian Stock Market Soars, Adds N1.43 Trillion in One Week
In a strong display of investor confidence, the Nigerian equities market gained N1.43 trillion in market value last week, with…
Nigeria Sets Sights on $128 Trillion Global Asset Market as Mutual Funds Surge
Nigeria is positioning itself to tap into the booming $128 trillion global asset management market, buoyed by a significant rise…
Naira Strengthens Below N1,600/$ as U.S. Dollar Hits 3-Year Low Amid Global Economic Shifts
The Nigerian naira gained ground against the U.S. dollar, breaking below the N1,600/$ threshold in the black market. It traded…
NGX Surges as Market Capitalisation Gains N764bn Amid Broad-Based Rally
The Nigerian Exchange Limited (NGX) witnessed a robust rally on Tuesday, continuing its bullish momentum as market capitalisation surged by…
Over 90% of Nigeria’s Dollar Liquidity Is Off the Books, Say BDC Operators
Bureau De Change (BDC) operators in Nigeria have revealed that more than 90% of the country’s foreign exchange (forex) liquidity…
Asia Stocks Rise, Dollar Slips as Israel-Iran Ceasefire Boosts Market Optimism
Asian stock markets inched upward on Wednesday following a tentative ceasefire between Israel and Iran, restoring some investor confidence and…
US Stock Futures Climb as Trump Brokers Israel-Iran Ceasefire
U.S. stock futures saw a sharp rise on Tuesday following former President Donald Trump’s announcement of a ceasefire between Israel…
Global Markets Rally as Iran-Israel Ceasefire Eases Tensions; Oil Prices Plunge
Global financial markets responded strongly to news of a ceasefire between Iran and Israel, as confirmed by U.S. President Donald…
Offshore Investors Fuel Nigeria’s Bond Market Rally Ahead of DMO Auction
Foreign Portfolio Investors (FPIs) significantly increased their interest in Nigeria’s fixed income instruments last week ahead of the June 24…
Bitcoin Stagnates Amid Hawkish Fed Stance and Israel-Iran Conflict
Bitcoin remained in a tight consolidation range on Thursday, trading around $105,200, as rising geopolitical tensions between Israel and Iran…
Geopolitical Tensions and Central Bank Decisions Keep Global Markets on Edge
Global financial markets remain cautious as geopolitical uncertainty surrounding potential U.S. military action in the Middle East collides with a…
Nigerian Stock Market Rebounds as Access, FCMB, and Fidelity Bank Assure CBN Compliance
The Nigerian stock market saw a significant rebound after major banks including Access Holdings, FCMB Group, and Fidelity Bank reassured…
Fed Holds Rates, Warns of Inflation and Slower Growth Amid Global Tensions
The U.S. Federal Reserve has decided to keep interest rates steady between 4.25% and 4.5%, maintaining its position since December…
Israel-Iran Conflict Threatens Nigerian Economy with Investment Risks and Rising Interest Rates – CPPE
The Centre for the Promotion of Private Enterprise (CPPE) has warned that the escalating conflict between Israel and Iran poses…
U.S. Futures Edge Up Amid Mideast Tensions and Fed Rate Speculation
U.S. stock futures showed modest gains on Monday, rebounding slightly after last week’s sharp losses driven by escalating conflict between…
Dollar Holds Steady as U.S.-China Trade Truce Offers Limited Certainty
The U.S. dollar and Chinese yuan remained largely unchanged following trade talks in London, where U.S. and Chinese officials reached…
Wall Street Wavers as U.S.-China Trade Talks Hang in Balance
Wall Street futures were largely flat on Tuesday as investors kept a close watch on the ongoing U.S.-China trade negotiations,…
Naira Holds Firm Below N1,600 as Market Optimism Grows Despite Global Dollar Jitters
The Nigerian naira maintained a relatively strong position below the N1,600/$ mark during the recent holiday period, trading within a…
Wall Street Edges Up as Tech Gains Offset Economic and Tariff Concerns
U.S. stock markets saw modest gains on Wednesday, buoyed by strength in technology shares despite a slew of troubling economic…
Bitcoin Holds Strong at $109K Amid Market Liquidations and Long-Term Holder Accumulation
Bitcoin is currently trading around $109,000 amid a volatile market environment marked by significant liquidations. Over-leveraged traders have been forced…
BoG Overhauls Monetary Policy to Spur Growth and Control Inflation-GHANA
The Bank of Ghana (BoG) has initiated a major review of its monetary policy framework, aiming to adopt more dynamic…
UK Inflation Surges to 3.5% in April, Disrupting Interest Rate Cut Expectations
UK inflation surged unexpectedly in April, rising to 3.5% from 2.6% in March, the largest monthly jump since 2022. The…
Foreign Holdings of U.S. Treasuries Hit Record $9 Trillion in March Amid Rising Global Demand
Foreign holdings of U.S. Treasury securities reached an all-time high of $9.05 trillion in March, according to the U.S. Treasury…
Nigerian Stock Market Sees 0.27% Gain with NNFM, Champion Breweries, and Others Leading the Rally
The Nigerian stock market continued its positive momentum on Wednesday, as the All-Share Index (ASI) increased by 0.27%, pushing the…
Thyssenkrupp Shares Slide, UK GDP Surprises: European Markets React to Earnings and Economic Data
European markets had a rocky session on Thursday, with major indices across the continent trading lower for a second consecutive…