- Ethiopia Unlocks Access to $484 Million IMF Loan
- Banks’ Loans to Grow by 20% as New Capital Boosts Lending Appetite -Note
- XRP Rallies as Ripple Unveils XRPL Lending Protocol Plan
- Naira Rallies as Interbank FX Turnover, Deals Count Decline
- Dangote, Aradel Selloffs Drag NGX Index, Investors Lose N2.4trn
- EU Cuts Steel Import Quotas to Protect Industry
- NGX Delivers 47% Return as Investors Gain N48trn in 6 Months
- US Lifts Restriction on Anthropic’s Claude Fable, Mythos 5
News
Ethiopia Unlocks Access to $484 Million IMF Loan Ethiopia has unlocked access to $484 million loan from the International Monetary Fund (IMF) as the…
Ripple (XRP) price dipped more than 4% to $1.28 on Monday as investor sentiment continued to decline amidst 1 billion XRP unlocked from escrow.
Private sector activity improved to the best level in 9 months, according to Stanbic IBTC Bank’s Purchasing Managers’ Index (PMI) released by S&P Global today.
Fitch Ratings has upgraded Wema Bank PLC’s Long-Term Issuer Default Rating (IDR) to ‘B’ from ‘B-‘ and its Viability Rating (VR) to ‘b’ from ‘b-‘. With stable outlooks, Fitch also upgraded Wema’s National Long-Term Rating to ‘A(nga)’ from ‘A-‘(nga)’.
The Nigerian naira opened the month of May slightly stronger as foreign reserves continue to climb again, following fresh inflows from hydrocarbon sales and offshore investors’ portfolio building.
Kidnapping: NUT Directs Oyo Teachers to Begin Indefinite Strike June 1 The Nigeria Union of…
Oil prices edge higher during early hours on Monday as renewed tensions in the Middle East between the US and Iran heightened concerns over potential supply disruptions.