- CBN Cuts Interest Rate on 1-Year Nigerian Treasury Bill to 16.62%
- 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
News
The Central Bank of Nigeria (CBN) cut the spot rate on Nigerian Treasury bills with a 1-year tenor
The Nigerian stock market shed N4.41 trillion over the last five trading sessions as investor sentiment turned negative, with some efforts channelled into portfolio rebalancing.
Bitcoin Cash price (BCHUSD) declined by 3% to $214.5 on Saturday, primarily driven by a broad market sell-off amid extreme fear sentiment.
Hyperliquid (HYPEUSD) declined by 6% to $56.87, underperforming a broader market that was also declining, primarily driven by a major scheduled token unlock.
The Nigerian Exchange Group (NGX Group) says the anticipated Initial Public Offering (IPO) of Dangote Refinery and Petrochemicals is being positioned as an African investment opportunity.
Brent and US West Texas Intermediate (WTI) climbed as the oil market extended its weekly rally on renewed geopolitical tensions in the Middle East and concerns over disruptions to crude flows through the Strait of Hormuz.
The crypto market capitalisation plunged to $2.1 trillion over 24 hours, primarily driven by a massive cascade of liquidations that amplified selling pressure.