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- Money Market Rates Mixed Amidst Sharp Liquidity Shrink
- Crude Oil Prices Ease as OPEC+ Boosts Output
- South African Rand Weakens as Fed Rate Expectations Drive USD Rally
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News
For decades, African countries have financed development through a combination of taxation, borrowing, foreign…
Money market rates closed on a mixed note last week as the Central Bank of Nigeria …
The South African rand is marginally weaker against the US dollar on Monday as markets price
Ethereum (ETHUSD) is down about 5% over the past 24 hours, trading at $2,201.49, as failed Middle East ceasefire talks stoked sell pressure across major cryptocurrencies.
The benchmark yield on Nigerian government bonds increased by 10 basis points week on week in the secondary market, reflecting investors’ risk-off sentiment in the debt instruments.
Bitcoin pulled back by 3.4% to $71,158 over the past 24h, underperforming the broader market, which fell 2.78%, amid a sharp escalation in Middle East geopolitical tensions.
Moody’s Ratings has changed the Government of Ghana’s outlook to positive from stable and affirmed the long-term issuer ratings in local and foreign currency, as well as the foreign-currency senior unsecured debt ratings at Caa1.
Ripple (XRP) dipped 2.02% to $1.33 over the past 24h, underperforming Bitcoin’s 3.01% decline, amid a broader market sell-off driven by geopolitical tensions.
Crude oil and condensate fell to an average of 1.51 million barrels per day (mbpd) in February 2026, even as the Nigerian National Petroleum Company Limited (NNPCL) remitted N1.804 trillion to the Federation Account.
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