- Airtel Africa Gains 21%, Market Value Surges Near N20trn
- Seplat Ends Routine Gas Flaring, Expands LPG Investment – Official
- MTN Nigeria Loses N1.7trn as Investors Exit Positions
- XRP Rises as Citigroup Revises Forecast for US Fed Rate Policy
- Naira Swings Narrow Exchange Rate Gap Across FX Markets
- Recent Nigerian Market Losses Expose Hard Lessons Every Investor Must Learn
- Nigerian Bonds Sell Off as Markets Await Q3 Borrowing Plan
- Ripple Dips Amidst Surge in XRPUSD Long Position on Bitfinex
News
Telecommunication company Airtel Africa Plc spiked by about 21% in the equities market, hitting a 52-week high of N5274 per share as investors ramped up volume.
XRP price surged to $1.39 over the past 24h, outpacing a broader market that rose 0.88%, primarily driven by a viral social catalyst from a rival blockchain.
The naira traded stable at the Nigerian foreign exchange market (NFEM) on Wednesday, closing the session at N1343 per dollar, according to the Central Bank’s daily FX publication.
The Nigerian Exchange (NGX) All-Share Index soared sharply midweek, driven by positive price movement recorded by some blue-chip companies.
Nairobi Securities Exchange Rises as TotalEnergies, Eaagads Rally Kenya: Equity prices rose by 0.2%, closing…
Ripple (XRP) price rose to $1.38 after Rakuten Pay integrated the token for Payments, triggering fresh buying in the cryptocurrency market on Wednesday. Trading volume stands at $2.4 billion, down by 25% over the last 24 hours, while the market cap of XRP topped $84 billion.
Dangote Sugar Refinery Plc has received shareholders’ approval for a N500 billion Rights Issue, thus positioning the company to strengthen its financial standing, expand its capital base, and accelerate strategic initiatives.