US 10-Year Treasury Bond Yield Falls to 4.36%
US 10-Year Treasury Bond Yield Falls to 4.36% The yield on the 10-year US Treasury note fell to 4.36% on Tuesday as markets assessed the outlook on government borrowing against…
Oil Rises Near $71 as Trump Warns Russia of Secondary Sanctions
Oil Rises Near $71 as Trump Warns Russia of Secondary Sanctions The prices of crude oil increased on Tuesday amidst supply-side uncertainties and weak global economic performance expectations, while fresh…
Euro Falls as EU-US Tariff Deal Fuels Concerns
Euro Falls as EU-US Tariff Deal Fuels Concerns The euro slipped below $1.16, extending the 1.3% decline posted at the beginning of the week—the sharpest one-day drop in over two…
Niger Gets $144m AfDB Loan to Enhance Energy Access
Niger Gets $144m AfDB Loan to Enhance Energy Access The Board of Directors of the African Development Bank Group has approved a loan of $144.27 million to Niger for the…
CAC to Delist 100,000 Dormant Companies
CAC to Delist 100,000 Dormant Companies The Corporate Affairs Commission (CAC) has announced plans to strike off approximately 100,000 inactive and non-compliant companies from its register. According to Section 692(3)…
Naira Climbs Against Dollar as Foreign Reserves Crossed $39bn
Naira Climbs Against Dollar as Foreign Reserves Crossed $39bn The naira appreciated slightly against the US dollar at the Nigeria Foreign Exchange Market (NFEM) in the absence of demand pressures…
Nigerian Exchange Crossed N87trn as Dangote, GTCO, MTN Rally
Nigerian Exchange Crossed N87trn as Dangote, GTCO, MTN Rally Up by about N1.74 trillion, the Nigerian Exchange (NGX) market capitalisation crossed N87 trillion, hitting a new all-time high as bellwether…
Custodian Interim Dividend Signals Stability, But is it Enough to Justify a Buy?
Custodian Interim Dividend Signals Stability, But is it Enough to Justify a Buy? As Nigeria’s capital market continues to navigate macroeconomic turbulence and evolving investor sentiment, Custodian Investment Plc’s recently…
IMF Estimates 3% Global Economic Growth Rate for 2025
IMF Estimates 3% Global Economic Growth Rate for 2025 The International Monetary Fund (IMF) has projected global economic growth at 3.0 per cent in 2025 and 3.1 per cent in…
Nigerian Stocks See Sharp Intraday Rally, Indexes Spike
Nigerian Stocks See Sharp Intraday Rally, Indexes Spike The Nigerian stock marker All-Share Index pops during the intraday trading session as investors increase bets on MTN Nigeria, Ecobank Transnational Incorporation…