Business
ECB Raises Deposit Rate to 2.5%, Keeps Door Open to Further Hikes
The European Central Bank lifted its deposit rate by 25 basis points to 2.5% and warned geopolitical and energy shocks could keep inflation above
Markets
USD/NGN₦1,326▲ 0.30%GBP/USD1.3549▲ 0.06%EUR/USD1.1634▲ 0.08%BTC$77,035▼ 4.13%ETH$2,458▼ 2.25%SOL$99.3▼ 6.71%S&P 5007,588.63▼ 1.02%NASDAQ26,081.92▼ 0.52%DOW51,986.66▼ 2.03%FTSE10,608.92▼ 2.05%BRENT$107.99▲ 12.16%GOLD$4,385▼ 1.01%
USD/NGN₦1,326▲ 0.30%GBP/USD1.3549▲ 0.06%EUR/USD1.1634▲ 0.08%BTC$77,035▼ 4.13%ETH$2,458▼ 2.25%SOL$99.3▼ 6.71%S&P 5007,588.63▼ 1.02%NASDAQ26,081.92▼ 0.52%DOW51,986.66▼ 2.03%FTSE10,608.92▼ 2.05%BRENT$107.99▲ 12.16%GOLD$4,385▼ 1.01%
Recent Signals
Offshore Wind Expansion Shields Some Species, Threatens Others◆Instagram Lets Users Add Tagged Posts to Profile Grid, Giving More Control◆Webb Image Appears on NASA Site, Credits ESA, NASA & CSA◆10-Year Treasury Yield Rises to 4.926% as Oil Tops $100, Raising Inflation Risk◆Google Lets Android Users Transfer Passwords and Passkeys, Avoiding CSV Exports◆Oil Rises to $105, Driving Bond Yields to Multi-Decade Highs◆Netanyahu Sues Haaretz, Escalating Legal Fight Ahead of 27 October Vote◆McLaren Pushes Brand Upmarket With 810‑HP P34, Raising Entry Price◆Vashishti Bull Shark Haul Exposes Monitoring Gaps, Raises Extinction Risk For River Sharks◆The Boring Company Raises $3B to Build Over 150 Kilometres of Tunnels in UAE◆NERC Orders DisCos To Remit Up To 60% Of OpEx To CapEx, Tightens Debt Timetable◆PressOne Turns Fast Sign-Ups Into Paying Cloud Telephony For Nigerian SMEs◆Willis, Widdicombe and Radebe Say Strictly Hosting Roles Will Be Flexible◆Miro Sells to Bending Spoons for $1.36 Billion, Collapsing 2021 Valuation◆Davidov Tests Two-Forehand Game, Top Juniors Sweep Wildcard Pair◆Ed Park’s Personal Days Stands Out for Comedy Only the Page Can Deliver◆Commons Vote Will Decide If Terminally Ill Can Legally Request Assisted Death◆Monique Lhuillier Simplifies Gala Dressing With Draped Silhouettes and Removable Capes◆Google Purchases 1 Million Rice‑Methane Credits, Scales Mitti Labs To 100,000 Hectares◆Algeria Cuts Diplomatic Ties With UAE, Orders Ambassador Out in 48 Hours◆Offshore Wind Expansion Shields Some Species, Threatens Others◆Instagram Lets Users Add Tagged Posts to Profile Grid, Giving More Control◆Webb Image Appears on NASA Site, Credits ESA, NASA & CSA◆10-Year Treasury Yield Rises to 4.926% as Oil Tops $100, Raising Inflation Risk◆Google Lets Android Users Transfer Passwords and Passkeys, Avoiding CSV Exports◆Oil Rises to $105, Driving Bond Yields to Multi-Decade Highs◆Netanyahu Sues Haaretz, Escalating Legal Fight Ahead of 27 October Vote◆McLaren Pushes Brand Upmarket With 810‑HP P34, Raising Entry Price◆Vashishti Bull Shark Haul Exposes Monitoring Gaps, Raises Extinction Risk For River Sharks◆The Boring Company Raises $3B to Build Over 150 Kilometres of Tunnels in UAE◆NERC Orders DisCos To Remit Up To 60% Of OpEx To CapEx, Tightens Debt Timetable◆PressOne Turns Fast Sign-Ups Into Paying Cloud Telephony For Nigerian SMEs◆Willis, Widdicombe and Radebe Say Strictly Hosting Roles Will Be Flexible◆Miro Sells to Bending Spoons for $1.36 Billion, Collapsing 2021 Valuation◆Davidov Tests Two-Forehand Game, Top Juniors Sweep Wildcard Pair◆Ed Park’s Personal Days Stands Out for Comedy Only the Page Can Deliver◆Commons Vote Will Decide If Terminally Ill Can Legally Request Assisted Death◆Monique Lhuillier Simplifies Gala Dressing With Draped Silhouettes and Removable Capes◆Google Purchases 1 Million Rice‑Methane Credits, Scales Mitti Labs To 100,000 Hectares◆Algeria Cuts Diplomatic Ties With UAE, Orders Ambassador Out in 48 Hours◆