- XRP Price Sinks to $0.9880 as Investors Liquidate Positions
- Crude Oil Prices Down in Week as Russian Exports Surge
- Bitcoin Falls to $67K as U.S. Yields Rise, Dollar Strengthens
- SK Hynix Tokenised bStocks Dips after HTX Announces SKHYB Listing
- Naira Closes at N1,353 Per US Dollar in Nigerian Forex Market
- DBN Inaugurates $275m Climate Finance to Boost Nigerian MSMEs
- Tinubu Flags Off $3.5bn Bakassi Deep Seaport Construction
- NGX Falls as Banking, Insurance Stocks Drag, Investors Lose N93bn
Global Economy
US and European stocks gained momentum on AI optimism; earnings expectations boosted demand for risky assets on Wednesday.
African currencies showed no clear gain from this week’s sharp fall in oil prices, with the South African rand and Botswana pula slightly weaker against the dollar and Angola’s kwanza unchanged, according to market data.
Fitch Ratings has revised the Outlook on France’s Long-Term Issuer Default Ratings (IDRs) to Negative from stable and affirmed the Long-Term IDRs at ‘A+’.
NPA Says 36 Vessels to Arrive Lagos Ports The Nigerian Ports Authority (NPA) has said…
The Central Bank of Nigeria (CBN)’s foreign-exchange market intervention dollar injections declined by 83%, putting significant pressure on the local currency.
Nigeria will rake in N6.8 trillion in fiscal windfall from the global energy crisis, which has increased oil prices across grades, BMI, a Fitch Solutions Company, said in a monthly update obtained by MarketForces Africa.
The Federal Executive Council (FEC) on Thursday approved contracts for three major rail projects to boost infrastructure and economic growth.
GCR ratings have affirmed Providus Bank Limited’s national scale long and short-term issuer ratings of BBB-(NG) and A3(NG) respectively; outlook maintained…
AfCFTA: Nigeria Targets Value-Added Exports, Deeper Intra-African Trade The Minister of Industry, Trade and Investment,…