- Oil Prices Jump on Heightened Supply Risk, Brent Tops $114
- XRP Selloff Slows as Ripple Supports SEC Crypto Asset Framework
- 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%
News
Oil prices continued to rise Friday as tensions over vessel transits through the Strait of Hormuz…
Ripple (XRP) selloffs slowed, with the price hovering around $1.32 on Friday…
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.
Ethereum (ETH) price climbed 1% to $2,336.25, outpacing a broadly flat market, driven by a technical breakout and steady institutional flows following the endorsement from the Shank Tank investor.
Hyperliquid (HYPEUSD) is down 1.60% to $41.15, underperforming a slightly positive broader market, primarily due to technical resistance and fading momentum after a strong rally.
With less than 1% of the banking industry’s market share, short-term working capital financing accounted for the largest share of Globus Bank Limited’s loan book, Fitch said in a rating note.
Fitch Ratings has downgraded MoneyGram International, Inc.’s Long-Term Issuer Default Rating (IDR) to ‘B-‘ from ‘B’ and the company’s revolver, term loan and 1L secured bonds to ‘B’ with a Recovery Rating of ‘RR3’ from ‘B+’/’RR3’.
Bitcoin (BTCUSD) topped $78k on increased dominance after a prominent cryptocurrency investor announced an exit from altcoins amid surging institutional demand.
Polaris Bank Ltd and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) inaugurated an Export Express Support Centre at the weekend.
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