The Central Bank of Nigeria (CBN) sold OMO bills worth N3.3 trillion across two major open market operations to tighten liquidity in the financial system, according to auctions that slowed last week.

Ripple (XRP) price climbed to $1.47, a breakout on high volume, backed by regulatory hopes. The altcoin outperforms flat Bitcoin, driven by regulatory optimism.

 UK financial markets are reacting negatively in real time to Prime Minister Keir Starmer’s high-stakes “reset” speech on Monday morning, with gilt yields climbing sharply and Sterling weakening as investors assess the growing political crisis engulfing the government following devastating local election losses.

The UN Economic Commission for Africa  (ECA) and Financial Sector Deepening (FSD) Africa concluded on Friday, 8 May in Addis Ababa, Ethiopia, the Second African Forum on Sovereign Finance, under the theme: “Enhancing Fiscal Space and Debt Sustainability.”

Oil prices climbed on Monday as the US and Iran dashed hopes of a peace agreement following a series of proposals and counterproposals over the opening of the Strait of Hormuz. 

Nigerian Aviation Handling Company (NAHCO) Plc has reinforced investor confidence with a bold shareholder reward strategy following the release of its 2025 audited report, underscoring the company’s accelerating earnings momentum and resilient balance sheet expansion despite Nigeria’s challenging macroeconomic environment.