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Foreign Investors Bolster Nigerian Eurobonds' February Surge

Nigeria, March 6 -- Nigeria's Eurobond market ended February on a high note, indicating continued confidence among international investors. The Debt Management Office (DMO) reports that the average y... Read More


Solana Recovers To $144 Following A 15% Decline

Nigeria, March 5 -- Solana (SOL) has shown tenacity, rising to trade at over $144 on Wednesday, representing a roughly 7% recovery in just one day. This increasing trend comes after a sharp 15% decli... Read More


All-Share Index Falls Below 107,000, Closes Red as Five Stocks Drop 10%

Nigeria, March 5 -- On March 4, 2024, the Nigerian All Share Index ended the trading session lower than it started, falling 550.88 points to close at 106,904.25. Despite strong trading activity, this... Read More


Naira Weakens Further in Unofficial Market

Nigeria, March 4 -- On the black market, the Nigerian naira started Tuesday's trading session at N1,510 to the US dollar due to the weakness of the dollar index. However, the Nigerian Foreign Exchang... Read More


NEITI Commits Technical Support for 2024 Tax Reform

Nigeria, March 4 -- NEITI, the Nigeria Extractive Industries Transparency Initiative, has pledged to support the 2024 Tax Reform Bill's legislative process by offering policy ideas, data-driven insigh... Read More


TNC Daily Open: Global Stocks Plunge as Tariff War Escalates

Nigeria, March 4 -- This report is from today's TNC's Daily Open, our international markets update. TNC Daily Open keeps investors informed on everything they need to know, no matter where they are. ... Read More


Nigeria Among Africa's Top Debtors - Afreximbank

Nigeria, March 4 -- The African Export-Import Bank (Afreximbank) recently released a report stating that Nigeria and nine other African nations account for 69% of the continent's foreign debt stock. ... Read More


OMO Sales Expected to Decline as Inflation Moderates

Nigeria, March 3 -- The Central Bank of Nigeria's (CBN) Open Market Operations (OMOs), which reached a high of 18 times in one year, is expected to decline as inflationary pressures ease. According t... Read More


TNC Daily Open: Trump Sparks Foreign Policy Tensions, Leverages Economic Pressure

Nigeria, March 3 -- An economist may criticize a country's decision to put tariffs on its largest trading partners, especially when its economy exhibits indications of contraction, the stock market is... Read More


CBN Calls on Banks to Strengthen Compliance With Global Anti-Illicit Fund Standards

Nigeria, March 3 -- The Central Bank of Nigeria (CBN) has urged financial institutions to tighten their compliance frameworks and conform with global banking norms to combat illicit money flows and en... Read More