Money Market

CBN May Sue FX Contract Violators After Audit

The Central Bank of Nigeria has disclosed that it is considering legal actions against the violators of the foreign exchange forward contracts...

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Stocks Sink as Bonds Jump on Deepening Jobs Cracks

Wall Street saw a broad flight from risk assets, with stocks sinking amid mounting signs of job-market weakness, President Donald Trump’s latest...

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Earnings Season Ignites Fresh Buying as ASI Up 2.0%

EQUITIES The Nigerian equities market sustained its upward trajectory, marking a 19-day winning streak, as buying interest in bellwether stocks, including MTNN...

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SEC Plans USSD Code to Combat Ponzi Schemes

The Securities and Exchange Commission has announced plans to launch an Unstructured Supplementary Service Data code that will enable Nigerians to verify...

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Dollar Rises, Stocks Waver After Trump-Powell Saga

The dollar recouped some of Wednesday’s losses and Asian stocks struggled for direction after US markets had a volatile session amid speculation...

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Futures Fall on Tariffs, Bitcoin Hits $120,000

Equity-index futures retreated and Asian shares edged down in a cautious start to the week after President Donald Trump dialed up trade...

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Digital Assets Fraud Threatens Market Integrity –Agama

The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has expressed concern over the growing threat of digital assets...