- US, European Markets Rise as Global Risk Appetite Improves
- XRP Rebounds on Ripple Banking Partnership for RLUSD
- Oil Dips as IEA Members Agree on Emergency Stocked Crude Release
- Bitcoin Rises, MSCI Rule Targets Strategy Exclusion from Global Index
- EU Leaders Call for Measures to Tackle Soaring Energy Prices
- World Bank Mobilises $112bn Private Capital to Boost Job Creation
- FG Approves Health Insurance for Prison Inmates
- Human Capital, Nigeria’s Greatest Resource Not Oil — Tinubu
News
US and European equities markets rose as global risk appetite improved, despite a sharp slowdown in AI a
Ripple (XRP) price declined 5% to $1.07 during the early trading session on Saturday, underperforming a broadly weak crypto market primarily driven by whale distribution colliding with persistent U.S. regulatory uncertainty.
The naira softened against the US dollar as international payments outweighed FX liquidity at the Nigeria Foreign Exchange Market (NFEM) on Friday, according to an official report from the authority.
Fitch Ratings has upgraded South Africa’s Long-Term Issuer Default Ratings (IDRs) to ‘BB’ from ‘BB-‘ with an outlook accorded as stable.
The Nigerian Exchange (NGX) All-Share Index rebounded on Friday, as Tier-1 bank and Lafarge Africa stocks halted the downtrend in the local bourse after 4 days.
Ethereum price (ETHUSD) dropped by about 10% in 24 hours to $1,598.17, underperforming Bitcoin’s 3.92% drop, primarily driven by a cascade of leveraged long liquidations amid a broad altcoin market crash.
Bitcoin price (BTC) is down 6.12% to $59,821 on Friday amid aggressive crypto selloffs, underperforming a broader market decline and primarily driven by a hawkish reaction to strong U.S. jobs data.