The United States dollar weakened on Wednesday, losing ground against major global currencies as financial markets priced in a possible interest rate cut by the Federal Reserve. The decline comes …
International
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CurrencyEconomyFinanceInternationalMonetary PolicyTrade
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Debt Management,EconomyFinanceGOVERNMENTInternationalINVESTMENT
Investor Confidence Weakens as Nigeria’s Eurobond Yields Rise Ahead of $1.1bn Repayment
Nigeria’s Eurobond market experienced a dip in investor confidence this week as yields climbed by 10 basis points to 8.27 per cent, signalling renewed caution among investors ahead of the …
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Central BankingEconomyFinanceGOVERNMENTInternationalMonetary Policy
CBN Governor Olayemi Cardoso Says Nigeria Has Built Strong Economic Buffers Against Global Shocks
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said that Nigeria has built strong economic buffers and resilience to withstand global and domestic financial shocks through …
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Debt Management,EconomyFinanceGOVERNMENTInternationalINVESTMENTWestern Africa
Senegal’s Bonds Drop as Moody’s Downgrades Credit Rating Over Debt Concerns
Senegal’s international bonds fell sharply on Monday after Moody’s Investors Service downgraded the West African nation’s credit rating, warning that it was becoming less certain the country would be able …
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Capital MarketCryptocurrencyFinanceFintechGlobal DevelopmentGovernment PolicyInternational
UK, US Launch Transatlantic Taskforce to Boost Capital Market Access and Crypto Regulation
The governments of the United Kingdom and the United States have set up a new body to reduce barriers for companies trying to raise funds in both countries’ capital markets …
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DevelopmentEconomyGovernanceHealthInternationalNigeria
WHO Commends Nigeria and Other Nations for Reducing Non-Communicable Disease Deaths
The World Health Organisation (WHO) has praised Nigeria alongside China, Egypt, Russia, Brazil, and Denmark for making significant progress in reducing deaths caused by non-communicable diseases (NCDs). The recognition came …
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AviationBusinessGOVERNMENTInfrastructureInternationalLeadership
Tinubu Congratulates FAAN MD Olubunmi Kuku on Election as ACI Africa Vice-President
President Bola Ahmed Tinubu has congratulated the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Mrs. Olubunmi Kuku, on her election as Vice-President of Airports Council International (ACI) …
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Climate ChangeEconomyEnvironmentInternationalNatural ResourcesNigeria
Gashaka Gumti Forest Carbon Project Wins Spot in UK-Backed Climate Programme
Nigeria’s largest national park, the Gashaka Gumti Forest in Taraba and Adamawa States, has gained global recognition after its carbon project was picked as one of the first beneficiaries of …
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BusinessDiplomacyEconomyInternationalPoliticsTrade
U.S. Democrats Urge Trump Administration to Press China on Industrial Overproduction
The Democratic Party in the United States has asked the administration of President Donald Trump to put pressure on China to reduce what it described as “structural overproduction,” essentially calling …
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Climate ChangeEconomyEnergyEnvironmentGovernment PolicyInternationalNews
Rising Oceans and Heat Illness to Threaten Over a Million Australians by 2050, Report Warns
Australia is facing serious threats from climate change as rising oceans, flooding, and extreme heat are expected to endanger homes, lives, and livelihoods across the country in the coming decades. …