- Nigeria’s Oil Reforms Will Unlock $50bn Deep Offshore Investments -Tinubu
- EFCC Opposes Diezani’s Plea to Present Evidence of UK Court Judgment Acquitting Her
- Rand Drops Against Crosses on Global Risk Sentiment Shifts
- U.S., European Stocks Rally, AI Demand Drive Global Risk Appetite
- Cyber Attacks Raise Operational Risks for Financial Institutions
- Funding Costs Moderate as Financial System Liquidity Tops N5trn
- Naira Weakens on FX Liquidity Shortfall, Dollar Spread Widens
- Global Oil Refining Capacity Set to Rise 4.2mbpd
Business
Global equities markets rose as expectations for U.S. Federal Reserve rate hikes eased, with technology and AI stocks
European natural gas prices rose Monday as heightened security risks around the Strait of Hormuz
The U.S. and European market performances were stifled by weak risk-asset bets amid elevated oil prices and rising yields on debt instruments.
Nigeria’s Yields slipped in the secondary market for government short- and long-term borrowing instruments as investors circled around naira assets ahead of the release of inflation data.
Oando Plc announced that its upstream Joint Venture (JV) with NNPC E&P Limited (NEPL), the NEPL/Oando JV, has enabled the delivery of a 60-megawatt (MW) Independent Power Plant (IPP) in Yenagoa, Bayelsa State.
Tosin Eniolorunda, ALX Host Masterclass for Women Entrepreneurs Tosin Eniolorunda, Group CEO of Moniepoint Inc.,…
The International Monetary Fund (IMF) has endorsed Nigeria’s ongoing bank recapitalisation drive. It said that stronger capital buffers are cushioning the financial system against external shocks and strengthening resilience amid intensifying global uncertainties.
The Nigerian local currency, the naira, gained against the US dollar at the official foreign exchange market amid a surge in FX liquidity.
CBN Approves N2.2trn OMO Bills Allotment to Investors The Central Bank of Nigeria (CBN) raised…
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