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The Nigerian Overnight Rate (NOFR) steadied as the banking system’s surplus liquidity narrowed following the settlement of the April bond auction.
Ghana Stock Exchange Rebounds, Total, GCB Lead Gains The Ghana Stock Exchange (GSE) rebounded in Tuesday’s session, with both benchmark indices closing higher on the…
Cryptocurrency
Ethereum (ETHUSD) price increased by 2.5% over 24 hours to $2,368.08, according to trading data from a crypto exchange. The altcoin gain outpaces a broader market rally driven by a geopolitical de-escalation narrative, boosting risk assets.
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Samsung Electronics Q1 Earnings Jump, Flags Market Pressure Samsung Electronics has reported a 43 per cent rise in first-quarter revenue to 133.9 trillion Korean won, its highest quarterly performance, despite weak demand for displays and telecoms. The company disclosed this…
Politics
LP Releases 2027 Primaries Timetable, Fixes Nomination Fees The Labour Party (LP) has released its timetable and schedule of activities for the conduct of its 2026 primary elections, with concessions for women, people living with disabilities and youths.…
Gov. Abba Yusuf of Kano State has paid N32 billion out of N48 billion gratuity backlogs of retirees inherited in 2023. Yusuf disclosed this on Wednesday in Kano during the inauguration of the sixth tranche of payments to retirees in the state.
Court Strikes Out Saraki’s Suit Against EFCC, ICPC, Others The Federal High Court in Abuja, on…
Iran Rejects Trump’s 15-Point Peace Proposal, Makes Demands Iranian leaders have rejected a ceasefire proposal from…
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
The South African rand weakened against major crosses in the foreign exchange market as investors sought positions in safer global currencies amid geopolitical pressures.
The Kenyan shilling (KES) gained strength against major crosses in the foreign exchange market last week, reflecting the absence of significant pressure on the local currency amidst growing diaspora remittances.
The Nairobi Securities Exchange (NSE) All-share index (ASI) declined as investors pulled profits by selling Longhorn, Kenyan Airways, Unga Group, Express Kenya, and Britam shares.
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Republicans Slam Trump’s Germany Troop Cuts as a Gift to Putin President Donald Trump is facing an unusual challenge, not from Democrats, not from…
Israeli warplanes and drones have continued to pound towns and villages across southern Lebanon in what international observers, world leaders, and even China’s envoy to the United Nations are now openly describing as a collapsed truce.
Iran Says Washington Has Replied to Its Peace Plan, But Trump Calls It Unacceptable A fragile diplomatic back-and-forth is now centre stage in one…
U.S. War in Iran Cost $25bn so Far, Says Pentagon Official The United States’ war in Iran has cost 25 billion dollars so far,…
