financial markets

  1. Today's Naira Rate [24-04-2024]: Naira in Freefall, Hits ₦1,308 Against USD in Worst Drop Yet

    Nigeria Today's Naira Rate [24-04-2024]: Naira in Freefall, Hits ₦1,308 Against USD in Worst Drop Yet

    The Nigerian naira is in trouble, heading for its most significant four-day decline since January's devaluation. It plummeted 5.3% against the dollar on Tuesday, wiping out earlier gains. Despite being the top-performing currency by Bloomberg's standards, it's facing a liquidity crisis...
  2. Nigeria Business News

    Business CBN Spent N848bn On Excess Liquidity In 6months – Leadership Newspaper

    The Central Bank of Nigeria (CBN) in the first six months of 2018 had mopped up N9.74 trillion from the financial markets through Open Markets Operations (OMO), a 151 increase compared to what it had mopped up in the first half of 2017, as it spent N848 … Read more via Leadership Newspaper –...
  3. curator

    THIS WEEK: Markets slid into losses as fear sets in – Nairametrics

    Dr. Ibe Kachikwu, Minister of State, Petroleum Results were mixed across the financial markets this week. Equities continued their bearish trend, while yields on treasury bills continue to drop in tandem with inflation. Crude oil prices hit a new high. Here is an extensive look into how the...
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