Liquidity Crunch Pushes NIBOR to 24.36% as CBN’s OMO, Bond Debits Drain ₦7trn
The Nigerian Interbank Borrowing Rate (NIBOR) surged last week, climbing by 154 basis points to...
Markets
Downturn In Aradel Holdings, Dangote Sugar Refinery, Others Trigger N197bn Equities Loss
The overall downturn in medium and large capitalised stocks, amongst which are; Aradel Holdings, UACN,...
Access Holdings Slumps as Africa Investments Spark Investor Doubts
Access Holdings is the year’s worst performing bank stock as investors begin to doubt that...
When Africa’s biggest refinery meets Nigeria’s unions: inside the Dangote–PENGASSAN showdown
On a tidy industrial strip in the Lekki Free Zone, the containers, towers and...
OMO Inflow Lifts Liquidity as Interbank Rates Drop Sharply
Samuel Mobolaji System liquidity improved significantly on Wednesday following an ₦854.46 billion Open Market Operation...
NGX Sheds N2trn in Two Days as Sell Pressure Deepens
Samuel Mobolaji The bearish streak on the Nigerian Exchange (NGX) intensified on Wednesday as equity...
Investors Lose N713bn as Equities Snap 12-Week Winning Streak
Samuel Mobolaji The Nigerian equities market ended its 12-week winning run last week, as bearish...
Bonny Light Rises to $70.25 Despite Global Oil Price Decline
Nigeria’s Bonny Light crude rose to $70.25 per barrel this week, defying a broader decline...
Senate, SEC to Convene Summit on Municipal Bonds, Sukuk for Infrastructure
Samuel Mobolaji The Senate Committee on Capital Markets and Institutions, in partnership with the Securities...
MTN Nigeria Resumes Dividend Payment as Profit to Hit N1.1trn in 2025
MTN Nigeria Plc whose revenue has been rising due to a 50 percent tariff windfall...
