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The average yield on Nigerian Treasury bills (NTB) climbed by 12 basis points (bps) in the secondary market on Wednesday as investors sold off naira assets.
Nigeria Growth Momentum Begins to Shift, 19 Subsectors Contrast Nigeria’s purchasing manager index (PMI) reading for April indicates a shift in economic growth momentum, with…
Cryptocurrency
Ripple (XRP) slipped to $1.10 on Thursday from $1.13, as the price failed to respond positively to improved fundamentals and underperformed a slightly positive broader 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
Minister of Works, Dave Umahi, has issued a 72-hour ultimatum to contractors handling the Abuja-Lokoja road to fully mobilise to site and utilise funds already released by the Federal Government.
Alleged N2.2bn Fraud: Court Remands Ngige Pending Bail Application An Abuja High Court on Friday remanded…
Senate Defections: Umeh, Abaribe Dump ADC Sen. Victor Umeh(ADC-Anambra) and Sen.Enyinnaya Abaribe (ADC-Abia) on Tuesday announced…
Vacate PDP Secretariat Within 24 Hours or Face Legal Action, Lawyers/CSOs Tell Police A coalition of…
Financial Product
Consumer spending patterns are shifting in ways that matter deeply to investors and policymakers tracking emerging markets. Digital leisure, encompassing streaming subscriptions, online gaming platforms, and connected device upgrades, is increasingly claiming a larger share of household discretionary budgets.
Inside Africa
WHO Chief Urges Uganda to Reconsider Congo Border Closure Over Ebola The Director-General of the World Health Organisation (WHO), Tedros Ghebreyesus, has urged Uganda to reconsider its decision to close its border with the Democratic Republic of Congo over the…
The South African Rand climbed ahead of the country’s gross domestic product (GDP) data scheduled for release on Tuesday, as the debt office planned to auction local bonds.a
The Executive Board of the International Monetary Fund (IMF) has announced the approval of Rwanda’s request for a 38-month arrangement under the Extended Credit Facility (ECF) with access to SDR 185.031 million (115.5 per cent of quota) and authorised an immediate disbursement of SDR 26.433 million (about US$35.7 million).
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Trump Accuses Iran of Violating Truce, Warns of Heavier Bombing U.S. President Donald Trump, following a fresh escalation in the Iran conflict, accused Tehran’s…
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…
