- Investors Pocket N3.17trn as Nigerian Stocks Stage Strong Rally
- Bitcoin Price Rises to $63.8k, Strategy Inc. Sells 3,588 BTC
- Moody’s Upgrades Dangote Sugar’s CFR to B3 from Caa1
- Ripple Secures Full MiCA License to Offer Crypto Payments Across EU
- Senate Approves N11.074trn Revenue Target for Customs
- XRP Price Jumps as Ripple Secures Full EU MiCA License
- Nigeria Lost N2.376tn to Grid Underutilisation in 12 years – NISO
- Tony Elumelu to Retire as UBA Chairman, Names Emmanuel Nnorum as Successor
News
Equities investors gained N3.15 trillion on Monday as Nigerian stocks rallied after last week’s sell-offs.
Ripple (XRP) is up 5.09% to $1.38 over the past 24h, slightly outpacing a broad market rally and primarily driven by a risk-on surge following a US-Iran ceasefire agreement.
The Nigerian Exchange (NGX) topped N130 trillion in market cap on Tuesday as investors gained N208 billion. The local bourse performance was boosted by fresh bargain hunting in financial stocks, with FirstHoldco gaining about 10%, and GTCO rose more than 2%.
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