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Risk-off Sentiment Shifts Yields on Nigerian Treasury Bills Reflecting risk-off sentiment in the debt market, the average yield on Nigerian Treasury bills rose 15 basis points in the secondary market as investors trimmed their holdings. Traders reported that the average…
11 Ships Laden with Various Commodities Arrive Lagos Ports Twelve ships have arrived Lekki, Tincan and Apapa ports in Lagos, waiting to discharge diesel, crude…
Cryptocurrency
XRP sees early gains in the crypto market, up 2.78% to $1.40 over 24 hours as Ripple moves to integrate services into a single global payment system.
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Nigeria, 60 Others Endorse Standards for AI-generated Imagery Nigeria has joined over 60 global regulators in establishing stringent standards for AI-generated imagery, aiming to curb deepfakes and non-consensual content. This is contained in a statement issued by Babatunde Bamigboye, Head,…
Politics
El-Rufai Files N1bn Suit Against ICPC Former Gov. Nasir El-Rufai of Kaduna State has filed a N1 billion fundamental rights enforcement suit against the Independent Corrupt Practices and Other Related Enforcement Commission (ICPC) over alleged unlawful invasion of…
Dalori Takes Over as APC National Chairman After Ganduje’s Shock Resignation In a surprise move, Abdullahi…
Fubara Resumes Office, Pledges Peace, Reconciliation Gov. Siminalayi Fubara of Rivers has pledged inclusive governance and…
2026 Budget: Tinubu Signals Ruthless Crackdown on Armed Groups President Bola Tinubu has signalled a tougher,…
Financial Product
The average yield on Nigerian Treasury bills rose 8 basis points to settle at 17.31%, reflecting diminished investor sentiment and a less supportive climate in the secondary market.
Inside Africa
Zambia’s growth projections for 2025 and 2026 have been revised downward, the International Monetary Fund said in a statement as fiscal pressures emerge.
African Policymakers Renew Push for Visa-Free Travel African policymakers, business leaders, and development institutions have renewed…
Egypt has unlocked access to a $2.3 billion loan from the International Monetary Fund (IMF) following the completion of the Fifth and Sixth Reviews Under the Extended Arrangement Under the Extended Fund Facility and First Review Under the Resilience and Sustainability Arrangement.
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Iraq Closes Airspace for Additional 3 Days Amid Regional Tensions The Iraqi Civil Aviation Authority on Tuesday announced a new 72-hour extension of the…
Netanyahu Says Israel “Not Done Yet” in Attacks on Iran Israeli Prime Minister Benjamin Netanyahu has warned that Israel was “not done yet” with…
EU Chief Urges Diplomacy on Iran War, Warns Russia The president of the European Council, António Costa, called for a diplomatic resolution to the…
Egypt Raises Fuel Prices Amid Global Energy Market Pressures Egypt has increased domestic fuel prices by between 14 per cent and 17 per cent,…
