The South African rand managed to hold on to most of its gains from the previous day during early trading on Friday, May 30, 2025, following fresh comments from the …
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CBN Records N1.21tn Subscription at Latest T-Bills Auction Amid Strong Investor Demand
The Central Bank of Nigeria (CBN) has recorded a significant rise in investor interest at its most recent treasury bills auction, with total bids hitting N1.21 trillion, despite slightly reducing …
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Rand Slips Ahead of Manufacturing Data as Analysts Watch Power, Ports, and Global Signals
The South African rand lost a bit of ground in early trading on Thursday, May 8, as traders waited for the country’s latest manufacturing output figures. According to market data, …
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Nigeria’s bond demand declines amid rate hike worries
Nigeria’s bond market is currently facing serious challenges as investor interest has dropped due to fear of rising interest rates and uncertainty in the economy. The Central Bank of Nigeria, …
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South African rand strengthens as gold hits fresh peak
South Africa’s rand made gains on Monday, strengthened by a surge in gold prices and growing optimism about a potential agreement between the country’s two largest political parties on the …