At 96.80% YtD, NGX Oil & Gas Emerges Best Performing Index
At 96.80% YtD, NGX Oil & Gas Emerges Best Performing Index For closing at 96.80 per cent Year-till-Date (YtD) growth as of July 10, the Nigerian Exchange Limited (NGX) Oil & Gas has outshined other indices to emerge as the... Read More →
FG borrows N5tn from bond market in six months
FG borrows N5tn from bond market in six months The Federal Government raised N5.08tn from the domestic bond market in the first six months of 2026, marking a 77.8 per cent increase from the N2.86tn raised during the corresponding period... Read More →
High bond yields to persist until Q4 amid inflation
High bond yields to persist until Q4 amid inflation Nigeria’s debt market is under pressure from widening fiscal deficits, tight monetary policy and persistent inflation. As high yields endure, investors are abandoning traditional buy-and-hold strategies in favour of flexible, short-duration... Read More →
Naira weakens 0.85% to close at N1,381.70/$
Naira weakens 0.85% to close at N1,381.70/$ The Nigerian naira experienced a demanding week at the official foreign exchange window, extending its losses to close at its weakest weekly level against the United States dollar despite recent regulatory interventions by... Read More →
FX derivatives fall 45.19% on weak demand
FX derivatives fall 45.19% on weak demand Activity in the Nigerian foreign exchange market slowed down significantly during the week ended 10 July 2026, as total turnover across the Spot and Derivatives markets plummeted by nearly half. According to the... Read More →