Wednesday, June 4, 2025

Eric Ojo

Gaza war: Israel sells $30 billion to defend falling currency

Israel’s currency plunged to a nearly eight-year low two days after a surprise attack by Hamas left hundreds dead, rattling financial markets. The Shekel weakened...

U.S. releases figure of Americans killed in Israel attack

Nine U.S. citizens have been killed in the ongoing conflict between Israel and Hamas in the Gaza Strip, a U.S. National Security Council spokesperson...

No food, fuel, electricity as Israel declares ‘complete siege’ on Gaza

Israel ordered a “complete siege” of the Gaza Strip on Monday, two days after a surprise invasion by the Palestinian militant group Hamas left...

How Nigerian banks, African peers compare on six key indicators

The European Investment Bank published its assessment of African banks last week, using its "Financing in Africa Survey 2023," to provide insights into the...

African banks resilient despite challenges, EIB says

African banks face climate risks due to lending to governments and the private sector but have overall shown resilience in the face of challenges,...

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Naira stabilised after 2023 crisis, but cracks are emerging

After a six-month rebound from its worst-ever crisis in...

Rainy season just started in Nigeria. Over 110 killed by floods already

At least 111 people have died in central Nigeria’s...

Abbey Mortgage Bank is raising ₦100 billion to change to commercial banking

Abbey Mortgage Bank is planning to raise up to...

Tinubu is taking $24 billion in new loans weeks after clearing IMF debt

Just weeks after celebrating the repayment of a $3.3...
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