- South Africa Rand Firmer on Broad-Based US Dollar Weakness
- Oil Prices Surge on Renewed Energy Crisis, Brent Nears $85
- Nigerian Bonds Face Sell Pressure Ahead of Inflation Data
- Fixed Income Investors Boost Treasury Bills Holdings, Yields Ease
- Naira Trades Sideways Against USD as FX Pressure Tempers
- XRP Price Dives Ahead of July 17 U.S. House CLARITY Hearing
- Equities Investors Lose N1.3trn as NGX Bears Strike Again
- Bitcoin Price Dips as Mining Firm BitFuFu Sells 184 BTC
Author: Ogochukwu Ndubuisi
Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.
U.S. Senators Back NATO Amid Trump’s Withdrawal Threats The U.S. President, Donald Trump, is facing bipartisan resistance over renewed suggestion that the United States could withdraw from the North Atlantic Treaty Organisation (NATO). In a joint statement released on Wednesday, Democratic Senator, Chris Coons, and Republican Senator, Mitch McConnell, stressed that American security is strengthened by a robust NATO alliance. “The Senate will continue to support the alliance for the peace and protection it provides America, Europe, and the world,” the lawmakers said. Their remarks underscore rare bipartisan agreement in Washington, as members of both the Democratic and Republican parties…
Britain to Act in National Interest Over Trump’s NATO Exit Remarks – Starmer British Prime Minister Keir Starmer on Wednesday said Britain would act in its national interest and would not change its position on the Iran war. Starmer made the statement in response to U.S. President Donald Trump’s remarks about Washington’s possible withdrawal from the North Atlantic Treaty Organisation (NATO). At a press conference at 10 Downing Street, Starmer said there had been “a good deal of pressure” on him to change his stance on joining the war, but that he would not do so. “Whatever the pressure, whatever…
Ukraine to get €1.4bn in Revenues From Frozen Russian Assets Ukraine is to receive 1.4 billion euros (1.6 billion dollars) in revenues from Russian central bank assets immobilised in the European Union (EU). The funding “will be directed where they are needed most: to sustain the Ukrainian state, preserve essential public services and support the brave Ukrainian Armed Forces,” European Commission President Ursula von der Leyen said on Wednesday. “Our commitment to Ukraine’s victory and freedom is unwavering,” she said. The windfall profits are generated by interest on cash balances from Russian central bank assets frozen under EU sanctions, the…
Equity investors gained about N516 billion as the Nigerian Exchange (NGX) All-share index rose by 40 basis points or 0.40%, recovering from the previous day’s sell-offs.
Oil prices dipped on Tuesday as US President Donald Trump signalled progress in negotiations to end joint US-Israeli strikes on Iran, while warning that the country’s critical energy infrastructure would be at risk if talks fail.
Trump Allows Russian Oil Tanker to Dock in Cuba The U.S. has allowed a Russian oil tanker into Cuba in spite of an existing fuel blockade, President Donald Trump confirmed. “If a country wants to send some oil into Cuba right now, I have no problem, whether it’s Russia … and if other countries want to do it,” Trump told reporters aboard Air Force One as he returned to Washington from a weekend at his Mar-a-Lago home in Florida, the Washington Post reported. “One boatload of oil, that’s all it is,” Trump added. Russia, a long-time ally of Cuba, welcomed…
Russia Expels British Diplomat Over “Intelligence Activities” Russia has revoked the accreditation of a British diplomat over “intelligence and subversive activities,” the Federal Security Service (FSB) said on Monday. The diplomat, identified as second secretary of the British Embassy, Janse Van Rensburg, has been ordered to leave the country within two weeks, according to an FSB statement. The security service said it had documented the diplomat’s attempts to obtain sensitive information during informal meetings with Russian economic experts. It also said that the British diplomat provided false information when entering Russia and was involved in activities posing a threat to…
The Central Bank of Nigeria (CBN) hiked the interest rate on OMO bills at the last auction for the first quarter of 2026, with a total allotment of N1.75 trillion.
Pi Network gained 3.04% to $0.181 in 24h, outperforming a broadly flat crypto market, primarily driven by modest capital rotation into altcoins.
Abia Won’t Get Paid for Fixing Federal Roads – Otti Gov. Alex Otti has put to rest speculations about Abia seeking reimbursement for federal road projects executed by the state, saying that the Federal Government has no plan to pay back. Speaking at his monthly media interactive session with newsmen, on Friday night, Otti said the new Federal Government’s policy was that states could toll such roads, “if they want their money back”. He sympathised with those peddling the rumour about reimbursement, saying they were speaking out of ignorance. He reiterated his administration’s commitment to fixing all Abia roads, federal…
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