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CBN Sells N2.55trn OMO Bills as Subscription Hits N3.1trn The Central Bank of Nigeria (CBN) sold OMO bills worth N2.55 trillion at open market operation on Thursday to reduce the heightened liquidity level in the financial system. The authority floated…
OMO, T-Bills Yields Fall Over Rising Demand for Naira Assets Nigerian Treasury papers and OMO bills yields declined in the secondary market, reflecting an untamed…
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Bitcoin (BTCUSD) has fallen under $95,000 in the cryptocurrency market as investors’ red sentiment sticks
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Meta, NDPC Settle $32.8m Data Privacy Fine Out of Court Meta Platforms, Inc., on Monday, reconciled its differences with the Nigeria Data Protection Commission (NDPC) in the suit it filed to challenge NDPC ‘s $32.8 million fine imposed against it.…
Politics
PDP Expels Wike, Fayose, Anyanwu, Others for Anti-Party Activities PDP has expelled the Minister of the Federal Capital Territory (FCT), Nyesom Wike, alongside Ayodele Fayose, Samuel Anyanwu and eight others for anti-party activities. The PDP announced their expulsion…
Shettima, Akpabio, Abbas, Others Storm Enugu as Mbah, Others, Set to Join APC Enugu State’s capital…
Sokoto, Kebbi Superhighway to Gulp N3 Trillion –Umahi The Minister of Works, Sen. David Umahi, says…
ABU Denies Allegations Of Hidden Nuclear Weapon Project The Ahmadu Bello University (ABU), Zaria, has dismissed…
Financial Product
Nigeria’s Capital Market to Adopt T+2 Settlement Cycle Nov. 28 Nigeria’s capital market is set to adopt a faster T+2 settlement cycle from November 28, 2025, information from the Central Securities Clearing System (CSCS) said in a post on its…
Inside Africa
S&P Placed Senegal on CreditWatch Developing, Sliced Rating to CCC+ With over 40% in debt to gross domestic product (GDP), S&P Global has lowered its long-term foreign currency sovereign credit ratings on Senegal to ‘CCC+’ from ‘B-‘ and affirmed its…
Ghana Upgraded on Improving Fiscal, BoP Performance – S&P S&P Global Ratings raised its long- and…
South Africa’s MTBPS Maintains Fiscal Consolidation Drive South Africa’s Medium-Term Budget Policy Statement (MTBPS) reaffirms the…
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Ethiopia to Host 2027 UN Climate Summit Ethiopia will host the 32nd United Nations Climate Change Conference (COP32) in 2027, according to Fana Media…
UK Growth Slowdown Sparks Recession Fears Ahead of Budget UK recession concerns are rising sharply after the latest figures revealed a far weaker run…
UAE Bank Loan Growth Accelerates; Overseas Operations Strengthen UAE banks’ loan growth gathered pace in the third quarter of 2025 (3Q25), supported by a…
SoftBank Sells Interest in Nvidia for $5.83bn, Dives into AI SoftBank has exited Nvidia for about $5.83 billion after reporting a €14 billion quarterly…
