Zichis Agro-Allied Industries Plc has distanced itself from media reports suggesting that the Company is set to undertake an Initial Public Offering (IPO) or related capital raising activity.

Kenya raised KES 24.35 billion from Treasury bill allotment at its weekly primary market auction last week. The weekly Treasury bills auction was oversubscribed, recording a subscription rate of 102.3%, with total bids of KES 24.55 billion against an offer of KES 24.00 billion.

The South African rand (ZAR) depreciated on Monday, trading at R16.42 against the dollar, R19.25 against the euro, and R22.09 against the pound, according to First National Bank (FNB).

The prices of crude oil surged sharply on Monday amid heightened concerns about prolonged disruptions to global oil supply following US President Donald Trump’s statements on a blockade of the Strait of Hormuz.

What World Bank Oil Import Advice Means for Nigerians Oil imports will boost consumer power through enhanced competition and remove…

Electricity Generation Improves to 4300MW from 3951MW – FG The Federal Government (FG) announced on Sunday that electricity generation improved…

Oil prices fell by around 11% over the week as expectations of a ceasefire in the Middle East eased immediate supply concerns, although ongoing tensions kept markets volatile.

Ethereum (ETHUSD) is down about 5% over the past 24 hours, trading at $2,201.49, as failed Middle East ceasefire talks stoked sell pressure across major cryptocurrencies.

The benchmark yield on Nigerian government bonds increased by 10 basis points week on week in the secondary market, reflecting investors’ risk-off sentiment in the debt instruments.

Bitcoin pulled back by 3.4% to $71,158 over the past 24h, underperforming the broader market, which fell 2.78%, amid a sharp escalation in Middle East geopolitical tensions.