Month: August 2025

Euro Gains as EU, US Move to Next Step on Trade Pact Euro gains 0.02% to $1.1651 in the forex market as the EU and US move to the next…

GTCO, Zenith Bank Drive Intraday Rally in Stock Market GTCO, Zenith Bank, and other early gainers are driving the Nigerian Exchange (NGX) key performance indicators north during early trading session…

Crude Oil Prices Surge on Positive Demand Outlook Crude oil prices surged in the global commodity market on Thursday after data signaled stronger US demand, while uncertainty over the Federal…

Microsoft Takes Action Against Potential Cyber Threats, Restricts Chinese Access Microsoft has restricted access to its cybersecurity early warning system for some Chinese companies due to suspicions of misuse in…

Developed Economies’ Potential Growth Revised Up to 1.6% -Fitch Fitch Ratings has updated its five-year projections for supply-side potential GDP growth for the 10 developed economies (DM10) covered in its…

CBN Selectively Hikes Interest Rates on Nigerian Treasury Bills The Central Bank of Nigeria (CBN) repriced spot rates on Nigerian Treasury bills with 91-day and 364-day maturities at the primary…

NGX Short N2trn in 2 Days as Equity Investors Exit Positions Equity investors lost N2 trillion in just two days as the Nigerian Exchange (NGX) halted the momentum that pushed…

FG Slashes Kidney Dialysis Cost in Federal Hospitals to N12K or $8 The Federal Government has approved N12,000 (less than $8) as the cost for dialysis under the Kidney Dialysis…

Eno Inaugurates Task Force on Illegal Mining in Akwa Ibom Gov. Umo Eno of Akwa Ibom has inaugurated a committee to address the menace of illegal mining across the state.…

Rainoil Receives MT Princess Oge in Nigerian Waters Rainoil Limited on Wednesday received ‘MT Princess Oge’, a 45,000-metric-ton oil product tanker, on her maiden voyage into Nigerian waters. The development…