- Investors Lose N599bn as NGX Tanks over Banking Stocks Selloffs
- Oil Prices Rise over US-Iran Peace Talks Uncertainty
- XRP Tops Up as MasterCard Acquires Ripple’s Partner BVNK
- NEC Approves Refinancing of $3.3bn Project Gazelle
- South African Rand Weakens as U.S. Dollar Index Rebounds
- Wall Street, European Markets Rally on Global Inflation Relief Bets
- Bitcoin Trades Sideways as Strategy Inc. Reduces BTC Holding
- Ethereum Hovers at $1.85k as BitMine Hikes ETH Holdings to 4.8%
News
Equities investors lost about N600 billion of their combined portfolio value as the Nigerian Exchange (NGX) indices tanked due to significant sell pressure in banking stocks.
The global crude oil prices rose Tuesday on concerns that conflict could re-escalate in the Middle East despite ongoing peace talks.
XRP price inched higher on Tuesday, trading at approximately $1.08 ….
XRP price climbed slightly as the token set the stage for the next rally, with investors pricing in Ripple’s expanded access to European markets.
Oil prices are on track for a weekly gain of more than 13% as escalating tensions between the United States and Iran revived concerns over potential disruptions to crude supplies through the Strait of Hormuz.
The Naira rallied, closing the trading week stronger on Friday, appreciating to N1,380.18 against the United States dollar at the official foreign exchange market.
Transcorp Power posted about N55 billion in pre-tax profit in the first half of the financial year 2026, amid operational challenges stemming from recurring vandalism of transmission infrastructure.
FirstHoldco Plc extended its remarkable bullish run, advancing from an intraday high of N87.25 to settle at a new all-time closing high of N95.95 per share, reinforcing its position as one of the Nigerian Exchange’s strongest-performing banking stocks.
The Nigerian stock market expanded by more than N849 billion on Friday as investors’ attention shifted to tier-1 banks’ stocks, stockbrokers said.
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