Will Wednesday’s Fed Rate Cut Be Last One Until Summer 2026?
The latest employment report showed just 22,000 new jobs in August and unemployment at 4.3%, the highest since 2021.
Suggestions
FTX Reopens Claims Portal In Wake Of Cybersecurity Breach
In a recent twist to the ongoing saga of the bankrupt cryptocurrency exchange FTX, the company has reopened its claims portal for customers affected by its collapse. According to Bitcoin, the move comes after a temporary shutdown following a security incident involving
Bitcoin Stays Firm Above $26K Ahead Of FOMC Meeting
In a cryptocurrency weekend characterized by surprising tranquility, Bitcoin (BTC) has demonstrated remarkable resilience, firmly stabilizing around the $26,500 mark following its recent surge to a monthly high of $26,880. This latest peak, the highest of the month, drew significant attention from
AfDB, AFI Pledge $4 Million To Empower Women Entrepreneurs Across Africa
In a groundbreaking announcement made at the 2023 AFI Global Policy Forum in Manila, the African Development Bank (AfDB) and the Alliance for Financial Inclusion (AFI) have renewed their commitment to bolstering the fortunes of women-led small and medium-sized enterprises (SMEs) in
Breaking: NNPCL Signs MoU On Gas Supply With Indorama
The Nigerian National Petroleum Company Limited (NNPCL) has signed a landmark Memorandum of understanding (MoU) with Indorama Eleme Petrochemicals Limited on gas supply in a bid to promote the use of natural gas by large-scale gas utilization industries. The national oil company
Korea Pledges $28.6 Million Boost to Africa’s Development
In a move hailed as a testament to the enduring partnership between Korea and Africa, the African Development Bank and the Government of Korea have inked two groundbreaking agreements worth a combined $28.6 million. The signings took place during the 7th Korea-Africa
Global Coalition Counters Russia’s Food Weaponization
In a powerful display of determination, representatives from the United States, Romania, Ukraine, Moldova, and the European Union gathered for a second high-level meeting in Constanta, Romania to counter Russia’s food weaponization. Their mission is to combat the global food insecurity crisis
Kogi, Lagos, Rivers Nigeria’s Costliest States in August 2023- NBS Reveals
The latest Consumer Price Index (CPI) data, unveiled by the Nigeria Bureau of Statistics, has illuminated a challenging financial landscape for residents in Kogi, Lagos, and Rivers states, as they grapple with soaring living costs. In a surprising turn of events, these
Nigeria’s Public Debt Soars by 75.27% in Q2 2023, Says NBS
In a stunning revelation, the Nigerian Bureau of Statistics (NBS) has confirmed that Nigeria’s public debt witnessed a staggering 75.27% growth on a quarter-on-quarter basis. The NBS made this startling announcement on Thursday as it unveiled its Domestic and Foreign Debt report
Nigeria’s August Inflation Hits 25.80%- NBS Reveals
In a startling revelation, the National Bureau of Statistics (NBS) disclosed today that Nigeria’s inflation rate surged to a worrisome 25.80 percent in August, marking a significant uptick compared to the 24.08 percent recorded in July 2023. NBS officials, while presenting the
Russian Central Bank Governor Rejects Currency Controls, Advocates Economic Measures
Russian Central Bank Governor Elvira Nabiullina firmly rejects the idea of reintroducing currency controls following the recent interest rate hike to 13%. Nabiullina cautioned that such measures would prove ineffective and eventually be circumvented by the market. Russia has been grappling with
Featured Stories
Whatsapp Channel
Latest News
Investors Reposition As US-China Trade Deal Nears Completion
Japan's Nikkei 225 has surged beyond 50,000 for the first
‘With No More Fed Cuts This Year, US Risks Stagflation’
The decision came amid a sharp split inside the Fed:
INNOVATION SERIES: How Optiva Capital Partners Unlocks Global Opportunities in Africa’s Investment Immigration Revolution – Franklin Nechi
Leadership in investment immigration goes beyond market share or brand
Silver Slides as Investors Lock in Profits Amid Receding Fears
The pullback comes as broader risk appetite improved, fueled by
Follow Us