Equity prices shed 0.5% as measured by the Nairobi Securities Exchange (NSE) All-Share Index last week. The decline was largely driven by reduced performance in the commercial (-2.1%), energy (-1.5%), and banking (-1.0%) sectors, according to Pergamon Investment Bank.

Oil prices increased on Monday amid concerns that the Strait of Hormuz blockade could delay market recovery for several months, even if passage is reopened.

Naira Sheds Weight Amidst Declining Foreign Reserves The naira depreciated by ₦14.80 to close at…

The Federal Government of Nigeria, through the Debt Management Office (DMO), is set to reopen local bonds for subscription across 5-, 7-, and 10-year tenors today.

The price of XRP surged to $1.44 as positive momentum formed following the recognition of Ripple’s CEO, Brad Garlinghouse, who received a top leadership award from Harvard.

Stanbic IBTC Plc fell by about 14% on the stock market as investors’ buying sentiment faded amid the first-quarter earnings festival for the 2026 financial year.