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Crude Oil Price Increases by 2.22%

Brent crude oil price increased by 2.22 percent to $65.33 a barrel on Monday. Also, US West Texas Intermediate (WTI) crude rose by 3.36 percent to $62.39 a barrel at 16.35 WAT.

NGX Sees N349bn Foreign Outflow in Q1

The Nigerian Exchange Limited (NGX) says N2.23 trillion equity transactions were recorded by both domestic and foreign investors between January and March 2025.

FG Opens N300bn Sukuk Bond to Fund Projects

The Debt Management Office (DMO) has opened a seven-year N300 billion forward Ijarah (lease) Sukuk at a “rental rate” of 19.75 percent per annum.

Dangote Refinery Reduces Petrol Ex-Depot Price to N825 per Litre

Dangote Petroleum Refinery has announced a significant reduction in the ex-depot price of Premium Motor Spirit (PMS).

CBN Raises T-Bills Offer to N550bn – Report

The Central Bank of Nigeria (CBN) raised its total Treasury Bills Primary Market Auction offer to N550bn, up from N400bn in the previous auction. The offer covers the 91-day, 182-day, and 364-day tenors.

‎Naira Stable at ₦1,625/$ in Black Market Amid Lingering Forex Pressures

‎Naira Stable at ₦1,625/$ in Black Market Amid Lingering Forex Pressures ‎The naira held steady on Monday in the parallel foreign exchange market, maintaining the same rate recorded at the close of trading on Friday. ‎A source at the Abuja black market told Economic Confidential that...