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 $62.39 a barrel at 16.35 WAT.
The Nigerian Exchange Limited (NGX) says N2.23 trillion equity transactions were recorded by both domestic and foreign investors between January and March 2025.
The Central Bank of Nigeria (CBN) raised its total Treasury Bills Primary Market Auction offer to N550bn, up from N400bn in the previous auction. The offer covers the 91-day, 182-day, and 364-day tenors.
Naira Stable at ₦1,625/$ in Black Market Amid Lingering Forex Pressures
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...