- Global Equities Markets Tank on AI Sustainability, Financing Fears
- Transcorp Power Posts N83bn Profit in Q3, Boosts Margin
- NCDC Identifies Bundibugyo Strain in Abuja Ebola Case
- SK Hynix Postpones Plan to Take Solidigm Public
- Nvidia Tokenized Stock Dips as Market Cap Falls to $5.12trn
- Standard Chartered Signs Agreement to Buy Zodia Custody 100%
- FG to Bar Defaulting Contractors From Public Procurement for Five Years
- DisCos Remit N385,44bn to Electricity Market in Q2,2026 – NERC
News
Global equities markets sank amid rising concerns about AI sustainability and financing, driving sell pressure in top tech stocks in the US, Europe, and Asia.
Iran’s Foreign Ministry spokesman Esmaeil Baghaei has accused the United Arab Emirates (UAE) of its “support for and cooperation with the aggressors against Iran.”
Top 10 Brokers Trade N949.9bn on NGX in April Ten stockbroking firms on the Nigerian…
Mrs Oritsemeyiwa Eyesan, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says Nigeria’s oil and gas sector is undergoing a transformation driven by growing local participation, climate targets and renewed investment momentum.
XRP is up 0.61% to $1.40 as Swiss-regulated platform TrustLinq integrated Ripple Payments into its live infrastructure. This boosted investor sentiment, driving a 135% surge in trading volume to $2.7 billion on Monday.
The naira rallied against the US dollar at the Nigerian foreign exchange market (NFEM) on Monday, reflecting improved liquidity in the official window. The naira climbed to N1365, according to the daily FX published by the Central Bank of Nigeria, from N1374.94 at last week’s close.
The Central Bank of Nigeria (CBN)’s foreign-exchange market intervention dollar injections declined by 83%, putting significant pressure on the local currency.