Oil Prices Rebound on U.S, China Demand Expectations Oil prices edged higher on Thursday on a positive demand outlook in…

The Federal Government has unveiled a free Artificial Intelligence (AI) Academy with the aim of positioning Nigeria as a leader in the global digital economy. The Minister of Innovation, Science and Technology, Chief Uche Nnaji, who inaugurated the AI Academy on Thursday in Abuja, said the programme was set up in partnership with the Commonwealth Secretariat and Intel Corporation.

The average yield on Nigeria’s Eurobond rose as foreign portfolio investors (FPIs) liquidated positions amidst U.S. interest rate cuts. The risk-off reactions followed sustained monetary easing in the U.S. amidst expectations that a rate cut would cause a flight to safety in 2025.

Supreme Court, NAHCON, Others Fail ICPC Integrity Scorecard The ICPC has revealed that the Supreme Court of Nigeria, the National…

Liquidity Deficit in Banking System Keeps Interbank Rates Elevated The liquidity deficit in the banking system kept the short-term benchmark…

The naira exchange rate gained across the foreign exchange markets as a surplus FX position keeps demand pressures in check. According to data from the FMDQ platform, the naira spot rate appreciated by 0.18%, closing at N1,541.38 per US dollar in the official market. 

2025 Appropriation Bill Passes 2nd Reading in Senate The Nigerian Senate, on Thursday, passed for second reading the 2025 Appropriation…

Nigerian Exchange Swells as Investors Gain N467bn The equities market capitalisation of the Nigerian Exchange (NGX) swelled by more than…

Aradel Holdings Plc, and some banking names are driving positive momentum on the Nigerian Exchange (NGX) trading platform during early trading hours on Thursday. Investors are hunting for oil stock and Aradel Holdings has become an attractive counter amidst sustained bullish trend in the local bourse.

Congo’s default on its local-currency regional market debt in October 2024….