Search Results for "Financial Market"
10 results found
How the naira is surging against USD in all markets

…investment.International investors continue to bring hard currency into Nigeria’s financial markets to take advantage of relatively high yields available on Naira-denominated assets.The attractive returns have increased the appeal of Nigerian fixed-income instruments, particularly for investors seeking opportunities wh…

Business by nigerianewsfeed · 11 days ago · 0 comments · 13 views
From megawatts to prosperity: Rural electrification in age of AI- REA MD Abba Aliyu

…of underpinning more than 5 GW of future nuclear projects using X-energy technology. The financial market has subsequently validated some of this enthusiasm. In April 2026, Amazon-backed X-energy raised approximately $1.02 billion through its U.S. IPO. AWS previously purchased a data-centre campus beside Pennsylvania’s…

Business by nigerianewsfeed · 24 days ago · 0 comments · 14 views
FX turnover declines 44.9% to $2bn

…to offset the heavy drop in spot trading, leading to a net decline in overall financial market activity.

Business by nigerianewsfeed · 25 days ago · 0 comments · 18 views
Find out more as CBN releases latest exchange rates as Naira gains N8.08

…billion, a 17-year high representing a 28.32% year-on-year riseThe CBN rolled out new financial market reforms, including expanded access to OMO securities for non-bank investorsPAY ATTENTION: Find it fast with our new search feature at Legit.ng! Legit.ng journalist Dave Ibemere has over a decade of business journalism…

Business by nigerianewsfeed · 26 days ago · 0 comments · 15 views
CBN announces removal of restrictions on Discount Window access for FX, OMO

…OMO. This was disclosed in a circular signed by the apex bank's Acting Director of the Financial Markets Department, Okey Umeano, on Wednesday. With the latest review, the CBN said the existing restriction on participation in OMO auctions by institutions accessing the Discount Window on the same day will remain in forc…

Business by nigerianewsfeed · 29 days ago · 0 comments · 20 views
Nigeria’s foreign reserves surpass annual target, rise above $52.5bn – CBN

…and price stability while implementing policies that encourage investment, strengthen financial markets and support sustainable economic growth. Earlier, the Branch Controller of the CBN Gombe Branch, Mr Yunusa Buba Mubi, described the CBN Fair as an annual engagement platform aimed at educating the public on the bank’…

General News by nigerianewsfeed · 1 mon ago · 0 comments · 15 views
High interest rate, FG borrowings drive rise in pension investments

Financial analysts said the development is driven by high interest environment in the financial market and sustained Federal Government (FG) borrowings. The total pension Net Assets Value, NAV increased by 27.1%, YoY, to N31.322 trillion in May 2026 from N24.654 trillion in the corresponding period 2025 on the back of…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 16 views
Travelling abroad doesn’t guarantee job, Expert warns Nigerian youths

…does not automatically guarantee employment. Speaking with journalists in Ilorin, financial market and technology expert Abubakar Bello also cautioned young Nigerians against chasing quick wealth through betting and other get-rich-quick schemes that promise overnight success without creating genuine value. Bello, the 3…

Jobs/Vacancies by nigerianewsfeed · 1 mon ago · 0 comments · 16 views
Mid-year review: Real economy remain under pressure — CPPE

…inflation, stronger external reserves, improved crude oil production and resilient financial markets have significantly reduced macroeconomic vulnerabilities and strengthened investor confidence. He noted that government revenues also improved on the back of higher oil receipts and stronger non-oil tax collections, whi…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 19 views
FGN bonds attract N1.41 trillion bids in June auction as yields climb

…amid elevated financing needs. Nairametrics earlier reported that data compiled from the Financial Markets Dealers Association (FMDA) weekly research showed that yields across both markets also moved higher, reflecting bearish sentiment and persistent inflation concerns that continue to shape domestic fixed income pric…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 24 views
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