CBN abruptly halts N700bn treasury bills auction following aggressive liquidity mop-up operations

The Central Bank of Nigeria has officially cancelled the treasury bills auction originally scheduled for August 5, 2026, marking a significant shift in the regulator’s monetary policy stance. This decision follows a period of intense liquidity management, during which the apex bank withdrew a staggering N4.69 trillion from the banking system within two consecutive trading […]

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Hong Kong Halts Basketball Betting Plans Amidst Concerns Over Evolving Technology and Regulatory Lag

Hong Kong authorities have announced a significant pause in their plans to introduce basketball betting, a move that observers believe highlights a critical disconnect between rapid technological advancement and the pace of legislative action. The decision, confirmed on Tuesday, comes as the government grapples with the emergence of new, cryptocurrency-based "prediction market" gambling platforms, prompting […]

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