- 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 United States (U.S.), European, and Asian equities markets delivered mixed performance across key indices amid shifting investor sentiment.
The fixed income market recorded a rush for Nigerian treasury bills on Thursday, following the monetary authority’s rejection of 60% of total subscriptions at the main auction on Wednesday.
Money market rates were mixed as financial system liquidity shrank following the Central Bank of Nigeria’s (CBN) aggressive sterilisation of funds.
SEC Deepens Investor Protection Drive with Nationwide Campaign on Unclaimed Funds The Securities and Exchange…
BUA Foods’ Expansion Strategy Signals Long-Term Growth BUA Foods Plc has unveiled fresh expansion plans…
Bitcoin, Ethereum, Binance Coin, Ripple, and other altcoins declined amid selling pressure despite optimism from Japan’s reclassification of cryptocurrencies as financial assets.