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Finance & Markets

European Stocks Muted as Deutsche Telekom Gains on Elliott Stake

European stocks were steady on Thursday as oil and bond markets stabilized, while Deutsche Telekom AG gained on news that activist investor Elliott Investment Management has built a sizeable stake.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Currency outside banks drops to N4.8 trillion in July, lowest in eight months

Currency held outside Nigerian banks fell to N4.8 trillion in July 2026, its lowest level since November 2025, as the amount of cash circulating outside the banking system declined for the second…

  • Currency held outside banks dropped to N4.8 trillion in July 2026
  • Lowest level in eight months, down N118.7 billion from June
  • Second consecutive monthly decline in cash outside banking system

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