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Excess liquidity in the financial system, totalling N6.2 trillion, kept short-term money market rates steady as banks continue to place funds with the Central Bank.
JSE Index Rises 3.96% as Global Risk Appetite Improves The Johannesburg Stock Exchange (JSE) rebounded strongly on Wednesday as global risk appetite improved sharply following…
Cryptocurrency
Coinbase Slashes Its Workforce and Hands the Work to AI Coinbase announced on Tuesday that it is cutting roughly 700 employees, equal to 14 percent of its entire workforce, as CEO Brian Armstrong declared that artificial intelligence has permanently changed…
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Samsung Electronics Q1 Earnings Jump, Flags Market Pressure Samsung Electronics has reported a 43 per cent rise in first-quarter revenue to 133.9 trillion Korean won, its highest quarterly performance, despite weak demand for displays and telecoms. The company disclosed this…
Politics
APC Unmoved by Obi’s Defection Prof. Nantewe Yilwatda, National Chairman of the APC, says the party is unconcerned about Mr Peter Obi’s defection from ADC to NDC. Yilwatda spoke on Wednesday in Abuja during the ongoing purchase and…
Kanu Files Motion to Stop Court Judgment in Alleged Terrorism Case Nnamdi Kanu, leader of the…
Era of Silos Over: Shettima Hails Kaduna Skills Council Setup Vice-President Kashim Shettima has hailed Gov.…
Lagos 2027: Why I Want to Succeed Sanwo-Olu –Jandor Dr Abdul-Azeez Adediran (Jandor), Lead Visioner of…
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
South African Rand Gains as Gold Rises, Oil Prices Ease The South African Rand rallied against the US dollar, the euro, the British pound, and the Japanese yen on Wednesday as easing Middle East tensions drove gold prices higher. The…
The Central Bank of Kenya (CBK) is scheduled to reopen three Treasury bonds on Wednesday as the authority anticipates a large payout in May.
The South African rand weakened against major crosses in the foreign exchange market as investors sought positions in safer global currencies amid geopolitical pressures.
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Macron Urges Instant Reopening of Hormuz Strait French President Emmanuel Macron has called for “all parties” to lift the blockade of the Strait of…
Trump Says op to Break Iran’s Strait of Hormuz Blockade to be Paused U.S. President Donald Trump on Tuesday said that “Project Freedom,” the…
Russia Raids Gas Extraction Facilities in Ukraine Russia carried out strikes on Ukraine’s gas extraction facilities on Tuesday, killing five people and injuring 37…
UN Alarmed by Escalating Drone Attacks in Sudan The United Nations is alarmed by the escalating drone attacks in Sudan that are endangering civilians.…
