- Ripple Dips Amidst Surge in XRPUSD Long Position on Bitfinex
- VAT Income Boosts Nigeria’s Non-Oil Economy, Analysts Positive on Outlook
- Dangote Cement Plans Capacity Boost, Targets 20% Emission Cut
- CBN to Open N700bn in Treasury Bills for Subscription, Rates to Stay Elevated
- Naira Destiny Ties to Hot Money Equation – High Interest Rate, Foreign Capital
- Investors Lose N1.80trn as Bear Run Hammers NGX Index
- XRP Extends 7-Day Gains, Price Rises to $1.18
- Cryptocurrencies Rally as U.S. M2 Money Supply Tops $23trn
News
Ripple (XRP) is down 3.11% to $1.14, underperforming a slightly negative broader market
FCMB Group Plc saw a 5% increase in market capitalisation after the Board of Directors approved the first-quarter financial results for 2026.
Ethereum (ETH) price climbed 1% to $2,336.25, outpacing a broadly flat market, driven by a technical breakout and steady institutional flows following the endorsement from the Shank Tank investor.
Hyperliquid (HYPEUSD) is down 1.60% to $41.15, underperforming a slightly positive broader market, primarily due to technical resistance and fading momentum after a strong rally.
With less than 1% of the banking industry’s market share, short-term working capital financing accounted for the largest share of Globus Bank Limited’s loan book, Fitch said in a rating note.
Fitch Ratings has downgraded MoneyGram International, Inc.’s Long-Term Issuer Default Rating (IDR) to ‘B-‘ from ‘B’ and the company’s revolver, term loan and 1L secured bonds to ‘B’ with a Recovery Rating of ‘RR3’ from ‘B+’/’RR3’.
Bitcoin (BTCUSD) topped $78k on increased dominance after a prominent cryptocurrency investor announced an exit from altcoins amid surging institutional demand.