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Top News NG News

Oil prices down after Iran, Israel agree to ceasefire

Oil prices down after Iran, Israel agree to ceasefire

46% Center coverage: 15 sources

Global oil prices fell sharply on news of a ceasefire that ended, at least for now, the 12-day war between Israel and Iran. Prices at the pump had surged since the United States bombed Iranian nuclear facilities at Israel’s request on Saturday, June 21. American consumers felt the effects of the war even though the United States imports little oil from the Middle East –– and, as of last year, none from Iran. Spike avoided The Brent crude benchma…See the Story

Brazilian Vice President Geraldo Alckmin, Wife Arrive Nigeria

Trade · Nigeria

Brazilian Vice President Geraldo Alckmin, Wife Arrive Nigeria

Coverage: 4 sources

Brazilian Vice President Geraldo Alckmin, his wife, Maria Lúcia Alckmin, and others have arrived in Nigeria ahead of the much-anticipated Second Session See the Story

Nigeria and Brazil Forge $1 Billion Deal for Agricultural and Energy Advancements

Bola Tinubu · Nigeria

Nigeria and Brazil Forge $1 Billion Deal for Agricultural and Energy Advancements

34% Center coverage: 3 sources

Nigeria and Brazil signed a $1 billion agreement aimed at bolstering agriculture, food security, energy, and defense. The deal will introduce mechanized farming equipment and training across Nigeria, transitioning from subsistence agriculture to larger-scale operations and attracting investments in energy and renewables.See the Story

Turkey Slaps Strict New Crypto Oversight: Mandatory Source Checks, $3K Daily Stablecoin Limit

Coverage: 2 sources

The Finance Ministry is preparing to implement stricter oversight of cryptocurrency transactions as part of its ongoing efforts to combat money laundering,...Cryptocurrency · Turkey See the Story

Gold Falls as Haven Demand Ebbs After Trump Announces Ceasefire

100% Left coverage: 1 sources

Gold fell the most in more than five weeks as Israel and Iran appeared to be honoring a ceasefire agreement, dimming demand for the metal as a haven asset.Donald Trump · Israel See the Story

NGX Market Capitalisation Hits ₦75.58 Trillion After Robust Rally » News.ng

The Nigerian Exchange (NGX) saw a significant boost in market capitalisation on Tuesday, climbing to ₦75.58 trillion after a bullish performance added ₦764 billion in value to equities. The rally extended the positive momentum from prior sessions, with the All-Share Index (ASI) increasing by 1.02%. With investor sentiment remaining optimistic, the year-to-date return climbed to 16.4%, fuelled largely by persistent demand for medium- and large-ca…Nigeria · Nigeria Read Article

DMO Cuts Rates on Bond Amid Surging Demand - InsideBusiness - Business News in Nigeria

The Debt Management Office (DMO) has lowered the interest rate on its April 2029 bonds at a recent primary market auction, capitalising on robust demand from investors eager to secure naira-denominated assets. The DMO offered N100 billion in bonds, evenly divided between a reopened 5-year bond and a newly issued 7-year bond, each worth N50 billion. Total subscriptions reached an impressive N602.855 billion, six times the offered amount, enabling…Nigeria · Nigeria See the Story

Senate raises customs' 2025 revenue target to ₦10 trillion

100% Center coverage: 1 sources

In a bold move to shore up Nigeria's dwindling revenue and fight economic sabotage, the Senate Committee on Customs has directed the Nigeria Customs Service (NCS) to raise its 2025 revenue target from ₦6.584 trillion to ₦10 trillion.Senate · Nigeria See the Story

No Shortage Risk as OGRA Confirms Ample Petroleum Reserves

Islamabad: The Oil and Gas Regulatory Authority (OGRA) has clarified that the country currently holds adequate reserves of petroleum products to meet ongoing demand. According to an OGRA spokesperson, the available stock is sufficient, and there is no immediate risk of shortage. The authority is actively monitoring the situation and is prepared to take necessary measures in advance to ensure energy security. This assurance comes as the federal g…Economy · Nigeria See the Story

Over $300M Liquidated In Four Hours As Bitcoin, Ethereum Prices Nosedive » News.ng

Crypto markets were thrown into chaos earlier today as Bitcoin and Ethereum prices plunged sharply, triggering a massive wave of liquidations. Within just four hours, over $300 million was wiped out across major exchanges, hitting traders—especially those holding leveraged long positions—the hardest. According to data from Coinglass, total liquidations over the past 24 hours reached nearly $472 million, with the bulk—about $286 million—coming fr…Donald Trump · Nigeria Read Article

NNPCL Spokesperson, Soneye Resigns, Gives Reason

100% Center coverage: 1 sources

The spokesperson of the Nigerian National Petroleum Company Limited, NNPCL, Olufemi Soneye, has resigned. Soneye disclosed this in a statement madeEntertainment · Nigeria See the Story

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