Author: Ogooluwa Aremu

Chelsea Beat Hull City 4-0 to Victory In an electrifying display of football prowess, Chelsea thrashed Hull City with a 4- 0 win in the 4th Round of the Emirates FA Cup at KCOM Stadium on Friday. After a cagey start to the game on Humberside, Neto opened the scoring shortly before half-time and would go on to take home the match ball after netting twice in the second period. The match, which took place on the evening of February 13, 2026, saw Chelsea demonstrate their superiority through high possession and clinical finishing. Chelsea opened the scoring in the 40th…

Global Value of Private Assets Held in Funds Rises 15.4% The report stressed that global private equity fund asset values are driving the growth in private markets rising 17.8% in 2025 to a record $10.6 trillion at the start of this year – the highest annual growth rate since 2021. Ocorian’s Global Asset Monitor forecasts the total value of private equity assets will rise by two thirds to reach $17.4 trillion by the end of 2030. Growth of listed and private global assets Ocorian’s Global Asset Monitor, which analyses private market fund values as well as listed equities, sovereign bonds,…

South Africa’s Recovery Hampers by Repeated Global Shocks –IMF South Africa’s post-pandemic recovery has been hampered by repeated global shocks and domestic challenges, including, more recently, increased protectionism, fragmentation, and global trade policy uncertainty, the executive board of the International Monetary Fund (IMF) said following completion of Article IV consultation. The Fund said that owing to its ample natural endowments, independent institutions, and strong monetary policy framework, the economy has proven resilient thus far.  According to IMF, South Africa’s economic activity picked up in 2025, with growth estimated at 1.3 percent, supported by robust private consumption. Inflation moderated to an…

During the early trading session on Wednesday, Ripple (XRP) is experiencing a downward trend in the cryptocurrency market, having fallen by 4.07% to $1.36 over the last 24 hours.

Crude Oil Prices Surge on Demand, Supply Risks Mix The trend in the global commodity market reversed on Wednesday as prices of crude oil surged again, as diplomatic talks between Washington and Tehran failed to yield desired results. Brent crude and West Texas Intermediate prices edged higher on Wednesday as persistent tensions between the US and Iran fuelled supply concerns, while expectations of increased travel-related fuel consumption in China lent additional support. International benchmark Brent crude traded at $68.81 per barrel, up 0.08% from the previous close of $68.75. US benchmark West Texas Intermediate (WTI) increased 0.1% to $64.22 per…

The U.S. Energy Information Administration (EIA) has revised up its average oil price forecast for this year, but expects oil prices in 2026 to be lower than in 2025 as global oil production exceeds demand, leading to inventory builds.

The Central Bank of Nigeria (CBN) is expected to float an open market operation, where short-term investment securities, OMO bills, will be deployed to mop up excess liquidity in the financial system.

The Nigeria Revenue Service (NRS), formerly known as the Federal Inland Revenue Service (FIRS), broke its record revenue collection performance, posting N28.3 trillion to surpass the set target of N25.2 trillion for the year 2025.

Investors continue to increased bet on Nigeria’s Treasury bills with inflation-protected yields on the naira assets, trading details obtained from the secondary market confirmed. Due to sustained bargain hunting, the average yields on the local treasury bills declined by 8 basis points to 17.55%, staying ahead of the annual inflation rate.  With mixed expectations about the consumer price index (CPI), the market anticipates sustained spot rates repricing amidst hefty financial system liquidity and anticipated interest rates cut at the policy committee meeting later in February. Stylishly, spot rates on investment securities are adjusting to macroeconomic outlook, inflation, and monetary policy…

$79.5bn Economic Loss: Court Shifts Ruling on Binance Motion The Federal High Court in Abuja, on Monday, rescheduled ruling on a motion filed by Binance Holdings Limited, seeking to void the substituted service of court documents served on it by the Federal Inland Revenue Service (FIRS), to April 21. The development followed the absence of Justice Mohammed Umar in court. Although lawyers to the parties were in court, Justice Umar was said to be in another official engagement, hence, the case was adjourned. FIRS (now known as Nigeria Revenue Service) had, in the suit dragged Binance, Tigran Gambaryan and Nadeem…