- BEAT- Audiera Gains 24% in 24Hours Ahead of Major Token Unlock
- South African Rand Firmer on Improved Global Risk Sentiment
- Oil Prices Fall Sharply on Peace Hope, China Cuts Imports by 50%
- Ethereum Price Races Towards $2K on Huge ETH Staking
- NGX Group Declares N1.30 Interim Dividend
- Interbank Rates Diverge as Financial System Liquidity Declines
- FCMB Gains 11% as Group Hints at H1 2026 Earnings, Incentive Plan
- FirstHoldco Jumps 25% on Post-Earnings Momentum, Firm Cuts TP
FX Market
The rand is trading firmer on Monday as a softer US dollar and improving global risk sentiment
The naira (NGN) exchange rate strengthened to N1,335 per US dollar (USD)at the Nigerian foreign exchange market (NFEM) on Tuesday, reflecting a strong supply versus demand level.
In the official foreign exchange market, the naira appreciated to N1,347 per dollar on Monday, reflecting the absence of significant pressures from international payments.
British Pound Halts Swings Ahead of UK Data British Pound or Sterling stabilizes at $1.36…
The euro hovered around $1.1850 on Monday, staying close to a four-year peak above $1.20 reached in late January, supported by signals that the European Central Bank (ECB) is largely comfortable with the currency’s recent strength.
Naira Opens Strong, Markets Anticipate Stability The naira opened strong on Monday after a previous…
The naira declined against the US dollar as significant demand for foreign payments slowed the local currency momentum at the Nigerian foreign exchange market (NFEM).