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Nigerian Overnight Financing Rate Steady on Liquidity Surplus The liquidity surplus in the financial system has kept the Nigerian Overnight Financing Rate (NOFR) stable, as banks continue to make strong placements at the Central Bank. At the beginning of the…
NG Treasury Bills Market Turns Green, Yield Dips Reflecting an improved investor sentiment, the Nigerian (NG) Treasury bills market turned green, with the average yield…
Cryptocurrency
Hyperliquid (HYPE) price dipped by about 5% to $40.34 amidst bullish but correcting trading signals, underperforming a slightly weaker broader market, due to technical pressure after a strong rally.
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AI revenue from services is estimated to reach $1.4 trillion in 2030; a top global rating agency, Fitch, hinted at this in a commentary note on Wednesday.
Politics
The Yobe State Executive Council (SEC) has ratified N59.8 billion to fast-track the execution of viable projects and services earlier approved by the state government.
Peoples Democratic Party (PDP) says a total of 4,264,675 Nigerians have registered as members of the party across the 36 states of the federation and the Federal Capital Territory (FCT) as at March 31.
The Minister of State for Finance, Doris Anite-Uzoka, on Thursday announced plans to begin payments for the 2024 and 2025 capital budgets to ministries, departments, and agencies (MDAs).
Electoral Act: Arewa Group Backs e-Transmission of Results A Northern interest group, Arewa 100% Focus, has…
Financial Product
Nobody deserves to be jobless in Nigeria, where the cost of living is already killing the living. Personal leverage can eliminate joblessness for anyone who understands business, especially for those with near-inelastic demand – simply put, services people require daily.
Inside Africa
The South African Rand weakened across the board, trading lower against the US dollar, the Euro and the British pound, on Tuesday as gold, the country’s major export earner, came under pressure.
Johannesburg Stock Exchange (JSE) is set for a softer opening following a sluggish prior close, with Asian markets broadly lower and Tencent down 0.46%, offering a slightly negative read-through for Naspers and Prosus.
Kenya Airways, African Mega, Standard Group, Liberty Kenya, and HF Group boosted the Nairobi Securities Exchange (NSE) as the benchmark index rose on buying activity.
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U.S. President Donald Trump is not satisfied with Iran’s latest peace proposal, which seeks to reopen the Strait of Hormuz and end the U.S. naval blockade of Iran’s ports, U.S. media reported, citing several White House officials.
UN Opens Public Hearings as Race to Succeed Guterres Intensifies Former Senegalese President, Macky Sall, and three others will present visions in public UN…
Iran Seeking Permanent End to Wars, not Temporary Ceasefire — Deputy FM Iran’s Deputy Foreign Minister Saeed Khatibzadeh says his country is seeking a…
UN Welcomes Strait of Hormuz Reopening Amid Ceasefire UN Secretary-General António Guterres has welcomed Iran’s announcement that the Strait of Hormuz is fully open…
