Browsing Category
Market
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…
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…
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…
Nigeria Sets Sights on $128 Trillion Global Asset Market as Mutual Funds Surge
Nigeria is positioning itself to tap into the booming $128 trillion global asset management market, buoyed by a…
Naira Strengthens Below N1,600/$ as U.S. Dollar Hits 3-Year Low Amid Global…
The Nigerian naira gained ground against the U.S. dollar, breaking below the N1,600/$ threshold in the black…
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…
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…
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…
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…
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.…
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…
Bitcoin Stagnates Amid Hawkish Fed Stance and Israel-Iran Conflict
Bitcoin remained in a tight consolidation range on Thursday, trading around $105,200, as rising geopolitical…
Geopolitical Tensions and Central Bank Decisions Keep Global Markets on Edge
Global financial markets remain cautious as geopolitical uncertainty surrounding potential U.S. military action in…
Nigerian Stock Market Rebounds as Access, FCMB, and Fidelity Bank Assure CBN…
The Nigerian stock market saw a significant rebound after major banks including Access Holdings, FCMB Group, and…
Fed Holds Rates, Warns of Inflation and Slower Growth Amid Global Tensions
The U.S. Federal Reserve has decided to keep interest rates steady between 4.25% and 4.5%, maintaining its…
Israel-Iran Conflict Threatens Nigerian Economy with Investment Risks and Rising…
The Centre for the Promotion of Private Enterprise (CPPE) has warned that the escalating conflict between Israel…
U.S. Futures Edge Up Amid Mideast Tensions and Fed Rate Speculation
U.S. stock futures showed modest gains on Monday, rebounding slightly after last week's sharp losses driven by…
Dollar Holds Steady as U.S.-China Trade Truce Offers Limited Certainty
The U.S. dollar and Chinese yuan remained largely unchanged following trade talks in London, where U.S. and…
Wall Street Wavers as U.S.-China Trade Talks Hang in Balance
Wall Street futures were largely flat on Tuesday as investors kept a close watch on the ongoing U.S.-China trade…
Naira Holds Firm Below N1,600 as Market Optimism Grows Despite Global Dollar…
The Nigerian naira maintained a relatively strong position below the N1,600/$ mark during the recent holiday…
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…
Bitcoin Holds Strong at $109K Amid Market Liquidations and Long-Term Holder…
Bitcoin is currently trading around $109,000 amid a volatile market environment marked by significant…
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…
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.…
Foreign Holdings of U.S. Treasuries Hit Record $9 Trillion in March Amid Rising…
Foreign holdings of U.S. Treasury securities reached an all-time high of $9.05 trillion in March, according to the…
Nigerian Stock Market Sees 0.27% Gain with NNFM, Champion Breweries, and Others…
The Nigerian stock market continued its positive momentum on Wednesday, as the All-Share Index (ASI) increased by…
Thyssenkrupp Shares Slide, UK GDP Surprises: European Markets React to Earnings…
European markets had a rocky session on Thursday, with major indices across the continent trading lower for a…
U.S. Stock Futures Steady After Early Week Surge Amid Trade Optimism, Fed in Focus
After a strong start to the week driven by positive economic signals, U.S. stock futures held steady early…
U.S. and China Slash Tariffs in 90-Day Truce Amid Trade War Tensions
In a significant but temporary easing of trade tensions, the United States and China have agreed to reduce tariffs…
Global Markets Surge Amid Trade Deal Hopes and Fed Uncertainty
On Thursday, Asian shares saw a rise, driven by optimism surrounding a potential trade deal between the U.S. and…