Author: Julius Alagbe

Global Terrorism Falls to Decade Low, Western Fatalities Surge Globally, deaths from terrorism reached their lowest level in a decade; however, this improvement may be short-lived, according to the Global Terrorism Index (GTI) released by international think tank the Institute for Economics & Peace (IEP). The report hints that many negative factors are converging in 2026, including the escalation of conflicts in Iran and South Asia, deteriorating economic prospects in the West, and the rising use of drone technology by terrorist organisations. Seven of the 19 countries that deteriorated on the Index were Western nations, and the conditions driving that…

Ripple (XRP) 3.78%, bringing its price down to $1.47 over the past 24 hours. This decline closely follows a broader market downturn, as Bitcoin fell by 4.63% and the total cryptocurrency market cap dropped by 4.25%.

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has reiterated its commitment towards building tangible economic bridges and strengthening diaspora-driven investment into Nigeria.

ENJ Gains 24% as Gaming/NFT Token Enjoys Risk-on Rotation Enjin Coin (ENJUSD) gained 24.26% to $0.0248 over the past 24h, dramatically outperforming a down market, primarily driven by a high-volume technical breakout. The Coin’s recent developments emphasise utility—through staking yields and an ambitious cross-game NFT campaign—positioning it for ecosystem growth rather than speculative spikes The European exchange Bitvavo added ENJ to its “Flex Staking” program, offering a 4.10% annual yield with no lock-up period. This provides a new, accessible yield mechanism for ENJ holders directly on a centralised platform. ENJ’s explosive move is a classic technical breakout fueled by a…

Deposit Money Banks’ activities at the Central Bank of Nigeria (CBN) Standing Deposit Facility (SDF) window boosted financial system liquidity to N7.65 trillion in the absence of the OMO auction.

GTCO Plc has reached a market valuation of N4.513 trillion on the Nigerian stock market, amid significant gains by its main competitor, Zenith Bank.

Market value of Zenith Bank Plc.’s 41.069 billion outstanding shares surged by about 8% to N4.569 trillion, following a rapid two-day rally that aligned with broader market direction.

Guinea Insurance Signs N5.8bn Rights Issue to Boost Capital Guinea Insurance Plc has signed agreements for its N5.8 billion Rights Issue to strengthen its capital base and reposition for growth. The company said the move marked a key step in its strategy to expand operations, enhance innovation and improve shareholder returns. The offer comprises 5.295 billion ordinary shares of 50 kobo each, priced at N1.10 per share. It is offered on the basis of two new shares for every three existing shares held. Chairman, Mr Temitope Borishade, said the capital raise aligned with the company’s long-term vision to scale operations…

The average yield on Nigerian Treasury bills surged to 17.71% in the secondary market amid selloffs following a slowdown in the nation’s headline inflation rate in February 2026.

Zenith Bank Hits 52-Week High, Market Cap Now N4.2trn Zenith Bank Plc recorded a sharp gain in the stock market as investors ramped up the financial services company’s shares ahead of the 2025 earnings release. The broader market rally and rising investor sentiment continue to drive the share prices of fundamentally strong banking names upward. According to trading data from the Nigerian Exchange, the banking giant’s share price hit a 52-week high, supported by strong trading volume of 59.953 units valued at N5.956 billion. Zenith Bank’s market value increased by 7.35% amid a significant rise in market activity, reflecting strategic…