The UN Economic Commission for Africa, office for Eastern Africa, convened Ambassadors and High Commissioners accredited to Rwanda for an in-depth briefing on the region’s economic outlook. A clear takeaway emerged: Eastern Africa is progressing—but not yet progressing together.

While the market claims the naira exchange rate has decoupled from oil prices, analysts say the ongoing crude rally is positive for a firmer local currency.

Buoyed by N8.14 trillion weekly gain, the Nigerian Exchange (NGX) has delivered a 25.3% year-to-date return amid a successive rally, supported by an influx of pension money into the local bourse.

Binance coin (BNB) slid by 0.89% over the last 24 hours to $624.39 as cryptocurrency investors’ sentiment continues to deteriorate amid geopolitical uncertainties, expectations, and technical positions.

Mr Abdul-Ganiyu Obasa, Chairman, Agege Local Government of Lagos State, has inaugurated a welfare programme providing free three-kilogram cooking gas refills to 4,000 residents.

Bitcoin Cash (BCH) gained about 1% to $573.01 over the past 24h, reaching a new all-time high average transaction value of over $2 million on its network.