Fixed Income Market Rallies, Yields on Naira Assets Swing The secondary fixed income market sustained its bullish momentum in the just-concluded week, reflecting heightened demand for the naira assets and…
Burkina Faso’s Economic Resilience Amid Challenges Commendable -IMF Burkina Faso continues to drive economic resilience amid security and humanitarian challenges, a development that the International Monetary Fund (IMF) commends following…
Equatorial Guinea’s GDP Shrinks as Hydrocarbon Production Falls Equatorial Guinea’s economic activity is estimated to have contracted by 6.4% in 2025, owing to a large fall in hydrocarbon production, the…
GCR Assigns AA-(NG) Rating to Lagos State N230bn Bonds GCR Ratings has assigned a national scale long-term issue rating of AA-(NG) to Lagos State Government’s N230bn Series 4 Senior Unsecured…
Oil Market Sees Weekly Drop in Prices as Supply Risks Ease The oil market recorded a weekly drop in prices of crude per barrel as global supply risks eased following…
Fortis Global Insurance Returns to the Spotlight Fortis Global Insurance Plc has returned to the front burner of the Nigerian capital market following the resolution of its suspension and the…
Tech Stocks Selloffs Dominate Headlines in Global Equities Markets Selloffs in tech stocks were the focus of headlines in global equity markets, with major companies experiencing notable volatility due to…
XRP Falls by 4.5% over Altcoin Sell Pressure, BTC Dominance Ripple (XRPUSD) is down 4.52% to $1.40 over 24 hours, significantly underperforming Bitcoin, which is slightly positive, primarily due to…
Alawuba Advocates Security, Infrastructure Boost to Promote South-East Vision The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Oliver Alawuba, has called on leaders and key stakeholders…
Naira Closed at N1,366.20 per Dollar in Nigeria’s FX Market The official exchange rate closed at N1366.20 per dollar at the Nigerian foreign exchange market (NFEM) window on Friday, a…