- Airtel Africa Gains 21%, Market Value Surges Near N20trn
- Seplat Ends Routine Gas Flaring, Expands LPG Investment – Official
- MTN Nigeria Loses N1.7trn as Investors Exit Positions
- XRP Rises as Citigroup Revises Forecast for US Fed Rate Policy
- Naira Swings Narrow Exchange Rate Gap Across FX Markets
- Recent Nigerian Market Losses Expose Hard Lessons Every Investor Must Learn
- Nigerian Bonds Sell Off as Markets Await Q3 Borrowing Plan
- Ripple Dips Amidst Surge in XRPUSD Long Position on Bitfinex
News
Telecommunication company Airtel Africa Plc spiked by about 21% in the equities market, hitting a 52-week high of N5274 per share as investors ramped up volume.
President Bola Tinubu has approved a targeted fiscal incentive designed to unlock the long-awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project.
The single currency of the European countries (the euro) strengthened against the US dollar on Tuesday as oil prices retreated following U.S. President Donald Trump’s remark that the war in Iran would end soon.
The naira halted its negative trend in the foreign exchange market after data showed the Central Bank of Nigeria (CBN) pumped dollars to influence the direction of the spot rate at the official window.
The Central Bank of Nigeria (CBN) is set to conduct its second Treasury Bills auction for the month on Wednesday, with a total offer of N850 billion in the bucket for subscription.
The Nigerian Exchange (NGX) market capitalisation shrank on Tuesday as equity investors lost about N726 billion from their combined portfolio value due to selloffs.
GCR Ratings (GCR) has withdrawn the national scale long-term and short-term issuer ratings of BBB-(GH)/A3(GH) assigned to Letshego Ghana Savings and Loans PLC without review.