- 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.
Jaiz Bank Plc lost more than 18% of its market value over the last five trading sessions in the Nigerian Exchange (NGX), extending its losses despite a strong rally in the local bourse.
Oando Plc saw a 19% rise in its stock price over the past five trading sessions, as energy stocks drew increased investor interest amid ongoing geopolitical conflicts.
Money market analysts anticipate that robust primary market repayment of N2.4 trillion will play a pivotal role in strengthening liquidity in the financial system. This anticipated surge in liquidity is primarily driven by inflows from matured Open Market Operations (OMO) and Treasury bills.
XRP Dips as Standard Chartered Cuts Price Target by 65% Ripple (XRP) declined by about…
Fuel Price Changes Driven by Market Forces – NMDPRA The Nigerian Midstream and Downstream Petroleum…
In a notable shift, the average yield on Nigerian Treasury bills (NTB) edged higher in the secondary market, driven by bearish sentiment across the naira curve.