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Risk-off Sentiment: Nigerian Eurobond Yield Climbs to 7.30% the benchmark yield climbed as the Nigerian sovereign Eurobond traded bearish at the international market last week due to risk-off sentiment ahead of inflation data release this week. Market participants exited their…
Nigeria’s Budget Deficit Reduces by 16% to N2.66 trn in Q2 The federal government posted a 16% year-on-year decline in fiscal deficit, settling at N2.66…
Cryptocurrency
XRP Falls on Broader Altcoins Slide, Capital Rotation Ripple (XRPUSD) fell by 2.50% over the last 24-hour trading session to $2.03, underperforming the broader crypto market as altcoin slides pushed Bitcoin market dominance. Today, XRP spot ETFs saw $38 million…
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Booming IT Investment Cushions US Slowdown – Fitch Surging IT investment and wealth effects from buoyant equity markets are cushioning the impact of higher tariffs on the US economy, Fitch Ratings says. “We have raised our world growth forecasts in…
Politics
Makinde Appoints Prof. Babatunde as New SSG in Cabinet Reshuffle Gov. Seyi Makinde of Oyo State has relieved the Secretary to the State Government,(SSG) Prof. Olanike Adeyemo, of her appointment with immediate effect. This is contained in a…
Atiku Resigns from PDP, Says Decision Heart-Breaking Former Vice-President Atiku Abubakar has formally resigned his membership…
Alleged N2.2bn Fraud: Court Remands Ngige Pending Bail Application An Abuja High Court on Friday remanded…
No Court Order on Sen.Natasha Akpoti-Uduaghan’s Recall – Senate Senate has for the umpteenth time said…
Financial Product
How to Build Crypto Investment Portfolio with $100- $200 Initial capital for any asset class need not be bulky; otherwise, you will not start if you have a near-empty pocket. Unfortunately, no one gets rich without taking additional risk –…
Inside Africa
Ghana’s Private Sector Health Improves on Disinflation Advantage With a sustained decline in headline inflation, private sector activity improved further in December, according to the Standard & Poor’s Purchasing Manager Index (PMI) released today. S&P noted that business activity returned…
Central African Republic President, Touadera Wins Re-Election Central African Republic President Faustin-Archange Touadera has won a…
Ghana’s Tema Oil Refinery Restarts After Six‑Year Shutdown After a six‑year dormancy, Ghana’s sole crude‑oil refinery,…
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Russia Deploys Nuclear-Capable Oreshnik Missile in Attack on Ukraine At least four people were killed and 19 others injured in Kiev after Russia pummelled…
Trump Says he Supports New Sanctions on Russia Over Ukraine War President Donald Trump said he supports a new package of sanctions against Russia…
UN Regrets U.S. Withdrawal From Dozens of International Organisations UN Secretary-General António Guterres has expressed regrets over the decision of the White House to…
Trump not Planning to Occupy or Nation-Build in Venezuela President Donald Trump does not plan to occupy or nation-build in Venezuela, Republican U.S. lawmakers…
