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Business
Wall Street abandons rate-cut hopes ahead of Kevin Warsh’s first FOMC
Wall Street has largely abandoned expectations for Federal Reserve rate cuts this year ahead of the first Federal Open Market Committee meeting led by Fed Chair Kevin Warsh on June 16-17. According to a Reuters survey conducted between June 4…
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South Korea says tokenized stocks may be taxed under existing laws
South Korea’s tax authorities are preparing to treat tokenized stocks as securities rather than virtual assets, a move that could bring the rapidly growing sector into ...
Business
Businesses’ confidence in macroeconomy rises to 7.9 index points — CBN
By Elizabeth Adegbesan Businesses’ confidence in the macro economy rose significantly to 7.9 index points in May 2026 from 3.9 index points in the preceding month of A...
Business
Brevity Anderson, EICBI partner across Africa, Europe, India
By Sebastine Obasi Brevity Anderson UK and the Europe-India Centre for Business and Industry (EICBI) have formally executed a strategic Collaboration and Services Agreem...
Business
CBN bans linked financial entities from extending loans to each other
By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, has banned closely linked financial entities from extending loans or guaranteeing the obligations of one another...
Business
Dollar to Naira exchange rate today, June 12, 2026
The Nigerian naira traded within a relatively stable range against the United States dollar on Friday, June 12, 2026, across both the official Nigerian Foreign Exchange M...
Business
SEC rule rollback could unlock tokenized U.S. stock trading in DeFi
SEC proposed scrapping NMS Rules 611 and 610(e), a move analysts say could ease barriers for tokenized U.S. stock trading in DeFi.