- NGX Delivers 59% Return YTD as Investors Gain N2.53trn
- XRP Price Prediction: Bullish Momentum Forms as Ripple Taps New Platforms
- XRP Stalls, Ripple Invests in Notabene as BitMEX Plans to Shut Down
- Nigeria Customs Service unveils MIS File Tracker
- Lagos Introduces Building Insurance Scheme
- Africa Must Control its Resources, Trade – Shettima
- NGX Urges Integrated African Capital Markets
- Monero Price Climbs after Monero Research Lab Updates FCMP+
Author: Olu Anisere
Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.
XRP Rises to $1.40 as Goldman Sachs Tops ETF Holdings Ripple (XRP) inched higher by 2% to $1.40 in the last 1 hour as reports circulated that Goldman Sachs invests $154 million in an XRP-linked exchange-traded fund (ETF). XRP’s trading volume increased by about 10% to $3 billion, according to data obtained from a cryptocurrency exchange on Wednesday. Fresh buying interest has increased XRP’s market capitalisation to $86 billion, with the altcoin playing a major role in blockchain-based payment systems. Goldman Sachs emerged as the largest institutional holder of spot XRP ETFs, holding nearly $154 million in shares as of…
Pi network gained 4.63% in 24 hours to $0.229 on Wednesday, outperforming a declining cryptocurrency market, driven by network upgrades and anticipation of Pi Day.
Overnight lending rate fell, while repo rate stayed unchanged on the back of surplus money market liquidity, supported by activities of banks and primary market repayment.
The Securities and Exchange Commission (SEC) has inaugurated a regulator–financial technology clinic to deepen dialogue with Nigeria’s rapidly expanding financial technology ecosystem.
XRP sees early gains in the crypto market, up 2.78% to $1.40 over 24 hours as Ripple moves to integrate services into a single global payment system.
The exchange rate gap in Nigeria’s foreign exchange market has collapsed sharply as the spot rate has maintained a downward trend for 14 consecutive trading sessions.
Oil prices briefly surpassed $120 per barrel on Monday as tensions between the U.S. and Iran kept the global commodity market on edge. Supply concerns intensified sharply after Iran blocked a critical shipping channel.
Jaiz Bank Plc lost more than 18% of its market value over the last five trading sessions in the Nigerian Exchange (NGX), extending its losses despite a strong rally in the local bourse.
The Central Bank of Nigeria (CBN) allotted N4.77 trillion in OMO bills to investors across primary market auctions conducted in February, as part of efforts to reduce excess liquidity in the financial system.
Oil prices edged higher on Friday as disruptions to shipments through the Strait of Hormuz following attacks on Iran continued to fuel supply concerns.