#News || Top News Around The Globe
📉 NGX sheds N106bn as bearish mood lingers — Punch
Market closed red as ASI dipped 0.07%, wiping N106bn in value. Sentiment still weak, liquidity still cautious. 🏦📉
🪙 SEC approves Blockchain, Pisi & Yellow Card for crypto oversight — Punch
Nigeria’s SEC expands its regulatory sandbox, admitting 3 new VASPs as it tightens digital‑asset supervision. 🔐💹
🌍 Nigeria slips to 3rd best‑performing stock market globally — Guardian
South Korea jumps to #1, Ghana #2. Nigeria now #3 with 65.23% YTD returns. Global rotation hitting frontier markets. 📊🌐
🚫 SEC bans capital market dealings with N. Korea & Iran — Leadership
New AML/CFT rules kick in; crypto sandbox grows to 14 VASPs. Compliance net tightening. 🛡️🌐
💵 FGN bond yields fall as DMO allots N805bn — Leadership
Lower stop rates across 2035/2037/2038 reopenings as demand strengthens. Investors still chasing sovereign paper. 📉💼
🛢️📈 US futures dip as oil & yields rise — CNBC
Dow futures -73pts; S&P -0.32%; Nasdaq -0.59%. Iran tensions + inflation fears = shaky risk sentiment. 🌡️📉
BUSINESS & ECONOMY
💱 CBN boosts FX interventions to $953m — Punch
March FX sales hit highest level since April 2025. Liquidity support clearly back on the agenda. 💵🔄
📊 DMO allots N1.56trn FGN bonds as demand hits N1.73trn — Nairametrics
Heavy non‑competitive bids drive oversubscription; rates trimmed again. Investors still hungry for fixed income. 🏦📉
🌐 Nigeria’s net FX flow rises 38% YoY to $4.94bn — Nairametrics
Despite monthly drop, YoY inflows stronger. February’s $6.98bn moderates to $4.94bn. FX dynamics shifting. 💹💵
🛒 IFC commits $25m to Africa’s e‑commerce expansion — Leadership
Targeting 60,000 active sellers, IFC pushes digital‑commerce infrastructure to boost jobs + market access. 🌍📦
Posted Aug 18, 2026, 12:09 PM UTC