- European Stocks Rally as AI Bears Drag S&P 500, Nasdaq Lower
- Biting Cost of Living: IMF Urges Targeted Cash Transfers for Nigeria’s Poor
- G-24 Advocates Macro Stability, Inclusive Growth for Job Creation
- IMF Hikes 2026 Global Economic Growth Estimate to 3.1%
- Pi Network Declines Ahead of Protocol 28 Upgrade
- Oil Prices Drop as U.S. Diesel Deal with Russia Eases Supply Fears
- Money Market Rates Dip as Financial System Liquidity Tops N4trn
- DMO Targets N5.8 Trillion from Q4 Bond Auctions
News
European markets rallied amid a downturn on Wall Street, driven by negative performance in the S&P 500
Oil prices fell on Friday as easing concerns over potential disruptions to key Middle East shipping routes reduced the geopolitical risk premium in crude markets, despite the absence of a major breakthrough in US-Iran talks.
The Central Bank of Nigeria (CBN) has placed a ban on some ‘win’-related promotions by some local deposit money banks (DMBs), sources said.
Short-term benchmark interest rates diverged as banking system liquidity balance declined sharply
South African rand firmer after US Federal Reserve decision to keep rates weakened the dollar amidst a slowdown in oil price movements in the global commodity market.
Shell Earnings Surge in Q2 on Higher Oil, Gas Prices Shell earnings surged in the…
The naira softened slightly against the US dollar at the Nigerian foreign exchange market (NFEM), where the local currency closed at N1366.7278 on Thursday.