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…
I am not desperate to be president–Atiku Former Vice President Atiku Abubakar, PDP presidential candidate in…
Fubara Commends Cabinet Members, Relieves Commissioners of Appointments Gov. Siminalayi Fubara, of Rivers, has expressed gratitude…
2027 Election: INEC Resumes CVR in Oyo The Independent National Electoral Commission (INEC) will resume the…
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
Morocco now Africa’s Leading Industrial Economy- AfDB The African Development Bank (AfDB) says Morocco has overtaken South Africa as Africa’s leading industrial economy. The AfDB said this while inaugurating the 2025 Africa Industrialisation Index (AII) in Brazzaville. It is on…
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.
Togolese authorities and the International Monetary Fund (IMF) reached a staff-level agreement on economic policies and reforms to complete the combined third and fourth reviews of the authorities’ economic reform program supported by the Extended Credit Facility (ECF) arrangement.
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.