Naira posts mixed performance, trades 1,480/$ at parallel market
Naira posts mixed performance, trades 1,480/$ at parallel market The naira recorded a mixed performance on Wednesday, with the currency depreciating slightly at the official window to 1,420.69/$ while appreciating in the parallel market to 1,480/$. According to Nigerian Foreign... Read More →
Recapitalisation signals new era for Nigerian banking
Recapitalisation signals new era for Nigerian banking The Central Bank of Nigeria, led by its Governor, Olayemi Cardoso, has sustained momentum around its vision of promoting regulatory excellence while reinforcing the foundations of Nigeria’s financial system. Central to this effort... Read More →
Equities gain as NGX posts N6.88bn modest growth
Equities gain as NGX posts N6.88bn modest growth The Nigerian Exchange Limited closed Wednesday’s trading session on a positive note, as equities gained marginally amid broad-based buying interest that lifted market capitalisation by N6.88bn. At the close of trading, the... Read More →
Investors watch yields as CBN sells N1.15tn bills
Investors watch yields as CBN sells N1.15tn bills The Central Bank of Nigeria was expected to conduct its second Treasury bills auction for January 2026 on Wednesday, offering instruments worth N1.15tn, as strong liquidity in the banking system collides with... Read More →