- XRP Price Sinks to $0.9880 as Investors Liquidate Positions
- Crude Oil Prices Down in Week as Russian Exports Surge
- Bitcoin Falls to $67K as U.S. Yields Rise, Dollar Strengthens
- SK Hynix Tokenised bStocks Dips after HTX Announces SKHYB Listing
- Naira Closes at N1,353 Per US Dollar in Nigerian Forex Market
- DBN Inaugurates $275m Climate Finance to Boost Nigerian MSMEs
- Tinubu Flags Off $3.5bn Bakassi Deep Seaport Construction
- NGX Falls as Banking, Insurance Stocks Drag, Investors Lose N93bn
Global Economy
US and European stocks gained momentum on AI optimism; earnings expectations boosted demand for risky assets on Wednesday.
African currencies showed no clear gain from this week’s sharp fall in oil prices, with the South African rand and Botswana pula slightly weaker against the dollar and Angola’s kwanza unchanged, according to market data.
Fitch Ratings has revised the Outlook on France’s Long-Term Issuer Default Ratings (IDRs) to Negative from stable and affirmed the Long-Term IDRs at ‘A+’.
Japan Commits N20bn to Expand Nigeria’s National Grid – JICA The Government of Japan, through…
Digital Payments Vital to Financial Inclusion, Economic Growth – CBN The Central Bank of Nigeria…
Revenue Allocation: FG, States, LGs Share N3.007trn for July The Federation Account Allocation Committee (FAAC)…
The Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele
Nigeria’s headline inflation rate is projected to decrease in July, influenced by fluctuating global oil prices
China’s Imports From Nigeria Rose by $2.3bn in 6 Months — Envoy Chinese Ambassador to…