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The Nigerian financial system liquidity spiked more than 40% following a significant OMO bill repayment by the Apex Bank to eligible investors on Tuesday.
Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘B’ with a stable outlook.
Cryptocurrency
Bitcoin (BTC) gained 2.15% to $81,379.98 on the U.S. Clarity Act and Senate approval of Kevin Warsh as Federal Reserve chairman, fuelling optimism across the crypto market.
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The Nigerian Communications Commission (NCC) has noted recent public concerns regarding the quality of telecommunications services in parts of the country.
Politics
Former President Goodluck Jonathan has challenged a lawsuit seeking to bar him from the 2027 presidential election, filed by a lawyer, Johnmary Jideobi.
Mr Abdul-Ganiyu Obasa, Chairman, Agege Local Government of Lagos State, has inaugurated a welfare programme providing free three-kilogram cooking gas refills to 4,000 residents.
FG to Launch National Campaign to Promote Made-In-Nigeria Goods The Federal Government, FG, is set to…
Rep Quits ADC Over Leadership Crisis Leke Abejide, member representing Yagba Federal Constituency, Kogi, has left…
Financial Product
First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.
Inside Africa
Zambia Progresses, Rebuilds Foreign Reserves, Tames Inflation -IMF Zambia has made substantial progress in consolidating hard-won macroeconomic stabilisation under the recently completed supported program by the International Monetary Fund (IMF, according to an official statement released by staff team led…
The South African rand weakened against its major crosses, trading at R16.50 per dollar, R19.34 per euro, and R22.30 per pound, First National Bank (FNB) said in its morning brief on Wednesday.
Egypt Prime Minister Mostafa Madbouly on Tuesday instructed officials to begin preparations for introducing electric vehicles into the government fleet as the country is stepping up its transition to sustainable transport.
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Wall Street Surges to Record Highs as AI, Tech Stocks Rally Wall Street powered to fresh record highs as AI and technology stocks surged…
British Health Secretary Resigns as Starmer Faces Leadership Challenge British Health Secretary Wes Streeting resigned from the government on Thursday, deepening the political crisis…
Iran Opens Strait of Hormuz to Chinese Ships Some Chinese ships, in compliance with Iranian management protocols, since Wednesday night have been allowed to…
Global markets are trading mixed as investors monitor prospects for easing United States (US)-China tensions ahead of the expected meeting between President Donald Trump and President Xi Jinping.
