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The fixed income market recorded a rush for Nigerian treasury bills on Thursday, following the monetary authority’s rejection of 60% of total subscriptions at the main auction on Wednesday.
The Manufacturers Association of Nigeria (MAN) has expressed concern over the sharp decline in commercial bank credit
Cryptocurrency
Ripple (XRP) price declined to $1.08, underperforming a slightly weaker broader market, primarily driven by macro-driven risk aversion and a bearish technical breakdown.
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The Nigerian Communications Commission (NCC) has commenced a review of the Mobile Virtual Network Operators
Politics
Mr Peter Obi, the Nigeria Democratic Congress (NDC) Presidential Candidate for the 2027 general elections
INEC Lacks Capacity to Conduct E-Voting – Senate The Senate has said that the Independent National…
Dalori Takes Over as APC National Chairman After Ganduje’s Shock Resignation In a surprise move, Abdullahi…
Makinde Appoints Prof. Babatunde as New SSG in Cabinet Reshuffle Gov. Seyi Makinde of Oyo State…
Financial Product
The recent downward trend on the Nigerian Exchange (NGX) has left many investors questioning
Inside Africa
Rwanda Spends $32m on Fuel Subsidies in 4 Months- Minister The Rwandan government said it has spent nearly 48 billion Rwandan francs (about 32 million dollars) on fuel subsidies between March and June. Prime Minister Justin Nsengiyumva said the subsidies…
NNPC GCEO Urges Global Collaboration to Unlock Africa’s Energy Potential The Group Chief Executive Officer of…
Tinubu Tasks Afreximbank on Africa’s Industrialisation, Value Addition President Bola Tinubu on Tuesday urged the African…
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Targeted Policy Response Keeps UAE Economy Resilient – IMF The UAE economy has shown remarkable resilience to the conflict in the Middle East, supported…
Trump Threatens Strikes on Iran’s Power Plants Next Week Without a Deal U.S. President Donald Trump said that the United States would expand its…
SK Hynix’s 12.8% pop, 15.4% Crash Reveals Hidden Cost of IPO hype SK Hynix soared 12.8% on its Nasdaq debut on Friday. By Monday…
OPEC Crude Oil Production Surges 3mbpd in June Crude oil production by the Organisation of the Petroleum Exporting Countries (OPEC) rebounded in June after…
