Global equities markets dipped as the US Inflation rate surge weighed on investors’ sentiment ahead of the European Central Bank (ECB) rate decision on Thursday.

Oil prices rose as escalating military exchanges between the US and Iran and renewed tensions surrounding the Strait of Hormuz heightened fears of disruptions to global crude supplies.

In today’s volatile economic climate, saving money is no longer just a prudent habit—it is a strategic necessity.  The constantly rising cost of living, inflationary pressures, and currency fluctuations have redefined what it means to be financially secure. The difference now lies not in whether people save, but in how they save.

Britain, Australia and Canada will launch a 3 million pounds or 4 million dollars fund on Thursday to help support peace in Israel and Palestine.

Africa’s investment story has shifted decisively. While global foreign direct investment fell 11% in 2024 and continued declining into 2025, Africa bucked the trend entirely — recording a 75% jump in FDI inflows to a record USD 97 billion.

The benchmark yield on the Federal Government of Nigeria (FGN) bonds increased 13 basis points in the secondary market as investors trimmed their portfolios.

The average yield on Nigerian Treasury bills (NTB) climbed by 12 basis points (bps) in the secondary market on Wednesday as investors sold off naira assets.

The naira spot rate depreciated against the US dollar in the Nigerian foreign exchange market (NFEM) as international payments exceeded supply-side volume.

The Nigerian Exchange (NGX) All-Share Index (ASI) climbed as equities investors gained N99 billion, extending the 3-day rally. The Nigerian stock market closed on a positive note as buying interest persisted in several large- and mid-cap stocks.

The Ekiti Government has begun the disbursement of N55.6 million in grants to 177 entrepreneurs selected across the state under the Innovation Enterprise Support Fund (IESF), in partnership with FirstBank of Nigeria.