- Cryptocurrencies Rally as U.S. M2 Money Supply Tops $23trn
- Revolut to Delist USDT in Europe Ahead of MiCA Regulation
- Ecobank Nigeria Wins Deutsche Bank’s Client Excellence Award
- NGX 30: What Nigeria’s Most Important Stock Index Reshuffle Means for Investors
- Cardano Price Rises 5% as RealFi Testnet Launch Drives Optimism
- Ether.fi Gains 11% as Capital Rotates into Altcoins
- HYPEUSD Jumps by 4%, Tops $71 on Buyback Momentum
- Oil Prices Close Week Lower Amidst Uncertainties
News
The total cryptocurrency market capitalisation increased by 1.77% to $2.278 trillion amid a sharp increase in the money supply
The Central Bank of Nigeria (CBN) continues to price down Nigerian Treasury bills, albeit with a soft touch across standard tenors at the midweek auction.
Excess liquidity in the financial system, totalling N6.2 trillion, kept short-term money market rates steady as banks continue to place funds with the Central Bank.
Ecobank Delivers Q1 Earnings on Asset Quality Reset, Efficiency Ecobank Transnational Incorporated delivered a resilient…
Access Holdings Plc’s decision to reduce equity stakes in some of its foreign subsidiaries following the Central Bank of Nigeria directive limiting offshore investments to 10% of shareholders’ funds represents more than a routine regulatory adjustment; it is a defining moment for capital discipline within Nigeria’s banking sector.
The Nigerian Content Development and Monitoring Board (NCDMB) says ongoing reforms in the oil and gas sector are attracting billions of dollars in new investments and restoring investor confidence.
XRP gains slightly as Ondo Finance announced that it has successfully completed the first cross-border and interbank buyback of tokenised US Treasury bonds in collaboration with JPMorgan Chase’s Kinexys platform, Mastercard, and Ripple.