Excess liquidity in the banking system, which peaked above N6 trillion, shrank due to outflows relating to the settlement of OMO and Nigerian Treasury bills sold at the primary market auctions.
Nigeria Has No Immediate Need For IMF’s Support – Edun The Minister of Finance, Wale Edun, says Nigeria has no immediate plans to approach the…
Cryptocurrency
Toncoin Gains 10%, Cluster of Ecosystem Updates Drive Rally Toncoin gained about 10% over 24 hours to $1.93, significantly outperforming a flat broader market, driven primarily by positive ecosystem development news and a high-volume technical breakout. According to data from…
Sports
Editor's Picks
The Nigerian Communications Commission (NCC) has noted recent public concerns regarding the quality of telecommunications services in parts of the country.
Politics
I’II Scrap Federal Character Principle if Elected President – Amaechi A former Minister of Transportation, Rotimi Amaechi, says he will scrap the federal character principle if elected president in 2027, insisting that all Nigerians should enjoy equal citizenship…
Reps Speaker Inaugurates Committee to Oversee Naira-for-Crude Oil Policy The Speaker of the House of Representatives,…
PDP Ready, Repositioned for 2027 – Fintiri Gov. Ahmadu Fintiri of Adamawa says the Peoples Democratic…
LP Releases 2027 Primaries Timetable, Fixes Nomination Fees The Labour Party (LP) has released its timetable…
Financial Product
One of the top Nigerian lenders, GTBank Limited, has set a $20,000 quarterly spending limit on its naira debit card, according to a check by MarketForces Africa.
Inside Africa
African Leaders Seek New Ways to Finance Infrastructure African ministers, financial institutions, and private sector leaders have called for innovative financing through asset recycling to support infrastructure development across the continent. The call was made during a roundtable on transforming…
Morocco now Africa’s Leading Industrial Economy- AfDB The African Development Bank (AfDB) says Morocco has overtaken…
Moody’s Ratings (Moody’s) has changed the outlook on the Government of South Africa to positive from stable and has affirmed the Government of South Africa’s domestic and foreign-currency long-term issuer and senior unsecured ratings at Ba2.
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.