- NGX to Introduce Volume-Based Price Rules in Major Market Reform
- FX Spread Surges as Naira Depreciates Across FX Markets
- U.S. Consumer Momentum Slows as Inflation Squeezes Incomes
- Burundi Economy Improves, Inflation Sinks to 8.6% from 45% – IMF
- United Nations Urges Africa to Boost Domestic Funding
- US Dollar Hits 1-Year High on US Fed Hawkish Rates Bets
- Nigerian Exchange Sheds N2.18trn as Dangote Companies Dip
- XRP Price Dips 6.2% on U.S. Federal Reserve Rates Hike Bets
Cryptocurrency
XRP price is down 6.21% to $1.13, underperforming a broadly lower market, primarily
Binance Coin (BNB) is a few pips away from $650 amid a sharp drop in trading volume across the cryptocurrency market. Trading data indicates BNB volume is down 48% over the past 24 hours to $761 million.
Ripple (XRP) price rose to $1.42 from $1.39, buoyed by crypto investors’ optimism after UBS disclosed an investment in Ripple’s token in its regulatory filing.
Sahara AI Gains 26% on Sector Rotation, Speculation Sahara AI is up 26.03% to $0.0384…
Sui gained 5.07% to $1.07, significantly outperforming Bitcoin’s 0.92% gain as Nigerian Fintech company Paga partners with Sui to expand African crypto payments.
Monero (XMR) price edged higher by 1.97% to $405.39 over the past 24h, outperforming a broadly positive market, primarily driven by renewed sector-wide momentum for privacy coins.
Solana (SOLUSD) spiked by about 6% in 24 hours to $93.42 on market optimism after Exodus launched an AI stablecoin on the Solana network. Reflecting investors’ optimism, Solana trading volume jumped 20% to about $5 billion at the last look on Saturday.