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CBN Highlights Reform Gains, Calls for Stronger Fiscal–Monetary Coordination
The Central Bank of Nigeria (CBN) says its reform initiatives are yielding tangible improvements in the economy, while calling for closer alignment between fiscal and monetary authorities to consolidate these gains. Speaking at the 2025 Seminar for Finance Correspondents and Business Editors in Abuja, CBN Deputy Governor (Corporate Services), Ms. Emem Usoro, noted that coordinated…
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Investors Pull Record $523 Million From BlackRock’s Flagship Bitcoin ETF Amid Market Turbulence
BENGALURU, November 19, 2025 – Investors withdrew approximately $523 million from BlackRock’s iShares Bitcoin Trust (IBIT.O) on Tuesday, marking the largest single-day outflow in the fund’s history, according to data from Farside Investors. This significant withdrawal underscores growing volatility in cryptocurrency markets and highlights shifting investor sentiment toward digital assets. Bitcoin Falls to Seven-Month Low…
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Tech Stocks Poised for Record $75 Billion Inflow in 2025, Says BofA
LONDON, November 21, 2025 – Technology stocks are on track to attract a record-breaking $75 billion inflow in 2025, according to Bank of America’s (BofA) latest weekly flow report. Despite concerns about high valuations and recent market volatility, investor appetite for tech remains remarkably strong, highlighting the sector’s enduring appeal in global markets. Tech Sector…
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Risk-On Investors Flock to Uganda Amid Frontier Market Rally
London/ Johannesburg – Uganda is emerging as a hot destination for offshore investors seeking higher yields in frontier markets, as global risk-on sentiment pushes capital into smaller, higher-risk emerging economies. More than $2 billion of Uganda’s domestic government bonds are now held by foreign investors—a record—while countries such as Egypt, Nigeria, and Kazakhstan also attract…
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Lagos Raises N244.82 Billion Through Green and Conventional Bonds
Lagos State has successfully raised N244.82 billion through the issuance of green and conventional bonds, with proceeds set to fund major infrastructure projects across the state. Governor Babajide Sanwo-Olu, speaking at the Ministry of Finance/DMO bond signing ceremony, thanked investors for their confidence in the state. He described the issuance as part of Lagos’ N1…
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COP30 Draft Deal Omits Global Fossil Fuel Transition Plan, Focuses on Climate Finance
Belem, Brazil – A draft text for the COP30 United Nations Climate Change Conference released on Friday has dropped an earlier proposal to develop a global plan for transitioning away from fossil fuels, a key point of contention among nearly 200 participating nations. The omission comes despite pressure from dozens of countries, including Germany, Kenya,…
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Indian Rupee Hits Record Low Amid US-India Trade Tensions and Fed Rate Outlook
Mumbai, India – The Indian rupee slipped to a lifetime low against the U.S. dollar on Friday, pressured by a sluggish risk appetite, fading expectations of a Federal Reserve rate cut, and ongoing uncertainty surrounding the U.S.–India trade impasse. The currency touched ₹88.83 per dollar, surpassing its previous all-time lows of ₹88.80 recorded in late…
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SEBI Considers Expanding Investment Options for REITs and InvITs to Boost Participation
Mumbai, India – The Securities and Exchange Board of India (SEBI) is evaluating proposals to broaden the range of investment options for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs), with the goal of enhancing market participation and capital inflows. Expanding Liquid Mutual Fund Options SEBI Chairperson Tuhin Kanta Pandey said in a…
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Chinese Cruise Ships Reroute to South Korea Amid Diplomatic Tensions with Japan
Chinese cruise operators are avoiding Japanese ports amid escalating diplomatic tensions between Beijing and Tokyo, with South Korea emerging as a potential beneficiary for tourism and travel businesses. Sources and cruise itineraries reviewed by Reuters indicate that Chinese tourists may increasingly redirect travel plans to South Korea due to safety concerns and political sensitivities. Cruise…
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Myanmar Junta Launches Crackdown on Scam Centres Amid Global Pressure
The Myanmar military junta has intensified operations against scam centres along the Thai-Myanmar border, responding to mounting international pressure from the U.S., China, and other stakeholders. The crackdown follows directives from junta leader Min Aung Hlaing, aiming to curb criminal networks that have long operated with relative impunity in the region. Junta Directives and Militia…
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