Interbank Funding Rates Climb as System Liquidity Slows
Interbank Funding Rates Climb as System Liquidity Slows Interbank funding rates climbed in the money market as liquidity levels in the financial system slowed down due to FX sales payments…
Equities Analysts Raise UBA Target Price, See Upside
Equities Analysts Raise UBA Target Price, See Upside With the expectation of sustained earnings growth, analysts have raised UBA’s target price to N43.94 ahead of the first quarter of 2025…
Mali Gets $129 Million Loan Approval from IMF
Mali Gets $129 Million Loan Approval from IMF The International Monetary Fund (IMF) Executive Board approved today Mali’s request for disbursement under the exogenous shock window of the Rapid Credit…
AIICO Eurobond Yield Climbs to 7.17% in March
AIICO Eurobond Yield Climbs to 7.17% in March AIICO Eurobond yield inched higher to 7.17% for the month of March, an official statement from the investment firm revealed. The Eurobond…
CBEX Crash: Cautionary Tale of Investment Deception
CBEX Crash: Cautionary Tale of Investment Deception In a devastating turn of events, the CBEX investment platform has crumbled, leaving investors across Nigeria grappling with the loss of over N8…
Naira Falls against Dollar, Pound as FX Reserves Dip Below $38bn
Naira Falls against Dollar, Pound as FX Reserves Dip Below $38bn The naira dropped against the US dollar to close at N1599 in the official market, or the Nigerian Foreign…
XRP Flashes Double Bottom Reversal – Is $10 Next?
XRP has posted a 1% gain today, rising to $2.09 as the crypto market loses 1% in the past 24 hours. The altocoin is now up by 5% in a…
IXFI Launches Public Sale for Its Native Token and Expands Crypto Services
IXFI has announced the public sale of IXFI Token. IXFI supports over 1 million users and claims to see daily spot volumes surpassing $100 million. $IXFI Public Sale is live!…
Banking Stocks See Huge Intraday Selloffs, NGX Down Sharply
Banking Stocks See Huge Intraday Selloffs, NGX Down Sharply In an effort to balance their portfolio holdings ahead of Q1 earnings, equities investors were seen dumping banking stocks during the…
Chinese Yuan Weakens to 7.2133 Against Dollar
Chinese Yuan Weakens to 7.2133 Against Dollar The central parity rate of the Chinese currency Renminbi, or the Yuan, weakened 37 pips to 7.2133 against the dollar on Wednesday. This…