- FirstHoldco Soars on Earnings Beat, Otedola, RC Hold 50% of All Shares
- XRP Upside Rises to 35% as Ledger Upgrade Delayed to Nov.
- UK’s Dividend Tax is Fatally Flawed, Budget Could Drag Investors Back to the 1970s
- Dangote, FirstHoldCo Halt NGX Downtrend, Investors Gain N1.47trn
- CBN Grants JPMorgan Licence to Operate Merchant Bank in Nigeria
- Oil Prices Jump on Heightened Supply Risk, Brent Tops $114
- XRP Selloff Slows as Ripple Supports SEC Crypto Asset Framework
- Global Equities Markets Tank on AI Sustainability, Financing Fears
News
With 2 entities now controlling about 50% of outstanding shares, FirstHoldco shareholders …
The naira strengthened across both exchange channels on Thursday, appreciating by 0.34% to N1,371.51/$ at the Nigerian foreign exchange market (NFEM) window.
Equities investors gained about N649 billion as the Nigerian Exchange (NGX) recovered from two days of sell pressure on Thursday. The stock market performance indicators rose by 0.52%
With significant trading volume, Zenith Bank Plc closed positively on Thursday as investors continue to eye the 2025 earnings release and dividends to drive a significant re-rating.
XRP jumped slightly in the crypto market on Thursday as Ripple moves to obtain an Australian financial services license via the acquisition of BC Payments.
Oil prices surged on Thursday, with Brent crude approaching $100 a barrel following reports of an attack on two oil tankers near Iraq’s Basra port, raising concerns about potential supply disruptions in the Middle East.
River (RIVERUSD) has surged by 30.54% over the past 24 hours, hitting $18.26 in the cryptocurrency market. This increase is largely driven by speculative buying in smaller tokens amid a budding rotation toward altcoins.