The Central Bank of Nigeria (CBN) allotted about N245 billion in OMO bills to investors across two short tenors at the open market operation conducted to mop up excess liquidity.
Wall Street and the FTSE 100 climbed as demand for shares in Artificial Intelligence
The Federal Government of Nigeria has ruled out restoring the fuel subsidy and multiple exchange rates
The Nigerian local currency unit, the naira, weakened against major currencies in the foreign exchange market …
Fitch Ratings has revised the outlook on Nigeria’s Long-Term Issuer Default Ratings (IDRs) to positive from stable and affirmed the IDRs at ‘B’.
The Nigerian Bulk Electricity Trading (NBET) says it has begun settling legacy debts…
NESG, FG Call for Actionable Solutions to Translate Economic Reforms into Jobs, Shared Prosperity The Federal Ministry of Budget and…
World Bank Group Appoints David Vaillant as MD, CFO World Bank Group President Ajay Banga announced the appointment of David…
The Lagos State Government is planning to issue a ₦200 billion bond for investor subscription under the ₦1 trillion
Alternative investment market
HBAR Price Moves Higher Ahead of Hedera Testnet Upgrade Hedera (HBAR) price climbed 100 basis points to $0.0720 ahead of the Testnet upgrade, closely…
Chainlink (LINK) rose about 4% to $11.76 in 24 hours, outperforming a broadly flat crypto market as 24/7 pricing goes live; traders said the momentum supported a re-rating amid a crypto downturn.
Ripple (XRP) is down 0.71% to $1.25 in 24 hours, underperforming a slightly weaker broader market, driven by selling pressure following a major exchange hack.
Hyperliquid (HYPE) dropped by about $6 in 24 hours to $87.69, underperforming a slightly weaker broader market, driven by leveraged long positions unwinding after the coin failed to break its all-time high.
Companies
Credite Capital Declares N70m Dividend, Plans N1bn Capital Base Credite Capital Finance and Investment Ltd. has declared a N70 million…
INSIDE AFRICA
King Letsie III of Lesotho said that nearly 60 per cent of the world’s chronically undernourished population by 2030 could be living in Africa.