- Naira Tumbles Against U.S. Dollar as FX Demand Shifts
- LASERC Licences Elektron Energy to Generate Power in Lagos
- Brent Crude Oil Tops $100 as Iran Strikes U.S. Vessels, Tankers
- NVIDIA Tokenised Stock Dips Amidst Surging Japanese Yen
- BUA, Cadbury, Nestle Drag NGX Index; investors lose N1.67trn
- Lionel Messi Agrees Deal to Purchase Spanish Second-Tier Side Eldense
- Bitcoin Price Jumps on Spot ETF Inflows, $99.99K Prediction
- NVIDIA Tokenised bStocks Down as Traders, Investors Take Profits
News
The Nigerian naira tumbled against the US dollar at the official foreign exchange market
The European Central Bank (ECB) raised its three key policy rates by 25-basis points at its June 2026 meeting, marking its first hike since 2023.
The South African rand slid against major currencies as the World Bank reduced its estimate of the country’s 2026 gross domestic product (GDP) growth.
Global equities markets rally on AI and tech stock momentum following a marked shift towards risk assets on signals of easing US-Iran tensions.
Fitch Ratings has affirmed African Development Bank’s (AfDB) Long-Term Issuer Default Rating (IDR) at ‘AAA’ with a stable outlook.
The naira depreciated against the US dollar to N1,363.8250 at the Nigerian foreign exchange market (NFEM) as interbank FX turnover declined.
Equities investors lost about N73 billion as the Nigerian Exchange (NGX) All-Share Index (ASI) dipped on Thursday ahead of the Democracy Day holiday.