- Oando, Wema Bank Drag NGX Index Lower, Investors Lose N104bn
- XRP Lost 5% as High-Ticket Investors Sell Off, Bug Fixes Delay
- CBN Takes Steps to Strengthen Nigeria–China Financial Corridor
- Tinubu Urges IOCs to Give Indigenous Firms More Energy Contracts
- Bitcoin Drops by 4% as S&P 500 Retreats on Equities Selloffs
- BOI Targets N1.85trn Annual Lending, 3m Jobs by 2027
- FG Targets 24-Hour Power Supply to Boost Industry, Economy – Minister
- Meta Fined $25bn for Misleading the Public on Facebook Data
News
Sell pressure in Oando, Wema Bank, and other decliners dragged the Nigerian Exchange (NGX) All-Share Index
Libya Oil Firm Takes Full Control of Country’s Largest Refinery Libya’s state-owned oil company took…
President Bola Tinubu arrived at the Jomo Kenyatta International Airport, Nairobi, Kenya, early Monday to participate in the Africa Forward Summit focused on investment and sustainable development across Africa.
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.”