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Banks’ placement at the Central Bank of Nigeria (CBN) standing deposit facility (SLF) and additional inflows from expired OMO bills kept money market liquidity in surplus.,
DMO Hikes Spot Rates on 7-Year, 10-Year FGN Bonds The Debt Management Office (DMO) raised N485.48 billion from its monthly bond auction held on Monday,…
Cryptocurrency
Shiba Inu (SHIB) price gained 2.37% to $0.00000625, closely tracking a broader market rally and primarily driven by beta alignment with Bitcoin’s gains.
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AI revenue from services is estimated to reach $1.4 trillion in 2030; a top global rating agency, Fitch, hinted at this in a commentary note on Wednesday.
Politics
Alleged Coup: FG Set to Arraign 6 Suspects The Federal Government is set to arraign six suspected coup plotters. The case is listed number 14 on the Wednesday cause list before Justice Joyce Abdulmalik. The Federal Government, through…
CTC Didn’t Mandate Senate to Reinstate Natasha – Adaramodu The Senate has said that the Certified…
Falana Seeks Radical Judicial Reform to Serve Nigerians A Senior Advocate of Nigeria, Mr Femi Falana,…
President Bola Tinubu on Tuesday received former Minister of Transportation, Sa’idu Alkali, at the State House ahead of Tuesday’s resignation deadline.
Financial Product
Nobody deserves to be jobless in Nigeria, where the cost of living is already killing the living. Personal leverage can eliminate joblessness for anyone who understands business, especially for those with near-inelastic demand – simply put, services people require daily.
Inside Africa
With B.O.C Kenya and Uchumi leading the rally, the Nairobi Securities Exchange (NSE) Index climbed by 0.2% on Tuesday, reflecting investors’ positive sentiment.
AfDB, Italy Sign Co-Financing Deal to Boost Key Sectors in Africa The African Development Bank (AfDB)…
The World Bank Group, through its private-sector arm the International Finance Corporation (IFC), and Citi have signed a new 1.6 billion South African rand borrowing facility that will expand IFC’s ability to provide local currency (LC) financing in South Africa.
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UN Opens Public Hearings as Race to Succeed Guterres Intensifies Former Senegalese President, Macky Sall, and three others will present visions in public UN…
Iran Seeking Permanent End to Wars, not Temporary Ceasefire — Deputy FM Iran’s Deputy Foreign Minister Saeed Khatibzadeh says his country is seeking a…
UN Welcomes Strait of Hormuz Reopening Amid Ceasefire UN Secretary-General António Guterres has welcomed Iran’s announcement that the Strait of Hormuz is fully open…
U.S., Iran Agree 2-Week Ceasefire, Hormuz Passage to Resume Iran has confirmed a two-week ceasefire announced by U.S. President Donald Trump, the Tasnim news…
