- Banking System Surplus Liquidity Tops N6trn Ahead of Huge Inflows
- DMO to Open N1.75trn Nigerian Govt. Bonds for Subscription
- XRP Falls to $1.26 as Investors React to Ripple Payments Crash
- Naira Falls Against US Dollar, NFEM Rate Closed at NGN1332
- Quack AI Soars 48%, Volume Spikes on Intense Spot Buying
- Hedera Price Rises 7% on Retail Investors Buying Actions
- Pi Network Price Climbs to $0.08 as Protocol 28 Goes Live
- Transcorp Hotels Grows Profit by 5% to N15.542bn in 9M 2026
News
Excess liquidity in the Nigerian banking/financial system climbed by 55.42% …
Debt Management Office (DMO) is scheduled to open N1.75 trillion worth of Federal Government of Nigeria bonds
Fuelled by a shift in fundamentals, Ripple (XRP) fell to $1.26, underperforming a slightly weaker broader market
Ripple (XRPUSD) is down 6.4% over 24 hours to $1.21 on Tuesday, closely tracking a broader crypto market sell-off that is primarily driven by Bitcoin’s weakness.
Bitcoin (BTC) crashed by 6% to $67.1k amid a sustained exodus of institutional capital from spot exchange-traded funds (ETFs) and a symbolic sale by a major corporate holder.
The naira rose against the US dollar on Tuesday as demand for international payments declined, with data showing a moderate slide in interbank FX turnover.
The Nigerian Exchange (NGX) All-Share Index (ASI) and market capitalisation shrank further on Tuesday, with the equities portfolio balance reducing by N478 billion as sell pressure persisted.
Nigeria Can Leverage Pension, Sovereign Wealth Funds for Growth — AfDB An Economic Expert, Prof.…
TAJBank Limited, Nigeria’s top non-interest bank (NIB), has retained its lead as the country’s biggest ethical bank, based on the 2025 regulatory-approved financial statements of all NIBs.
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