- Nigerian Naira Gains 4.7% in 7 Months, Nears Fair Value
- Interbank Rates Mixed as Banking System Liquidity Sinks by 21%
- Bitcoin Rebounds as Michael Saylor Clarifies Strategy’s $5bn Sale Claim
- CPPE Seeks Reform of Development Finance
- Conoil Profit Rises Six Folds, Margin Expands
- Trump Halts Planned Iran Strike Amid Peace Push
- XRP Gains as Ripple Releases $1bn from Escrow Before Protocol Update
- EU Begins Wider Enforcement of AI Act From Aug. 2
News
The naira gained about 4.7% in the last seven months, supported by the Central Bank of Nigeria….
Interbank rates were mixed last week as banking system liquidity declined by approximately 21% to close at about N3 trillion. The liquidity drop was primarily attributed to outflows associated with Open Market Operations (OMO) and the settlement of Nigerian Treasury bills auctions.
Bitcoin (BTC) rebounded; the price is up 2% in 24 hours to $63,322 as investors reacted….
Cardano (ADA) price increased by 8% in 24 hours to $0.1750, outperforming a broadly positive market, primarily driven by a beta-driven lift from Bitcoin’s rally and supportive altcoin rotation sentiment.
Binance Coin (BNB) price rose 3.17% to $586.43, significantly outperforming a flat Bitcoin (+0.73%) and driven by strong fundamental network activity.
Meta platform earnings underperformed analysts’ expectations; its Q2 2026 results showed adjusted earnings per share (EPS) declining 31.5% year on year to $6.18, well below the $8.58 estimated by Bloomberg.
72% of World Trade Still Under WTO – Okonjo-Iweala The Director-General of the World Trade…
The Nigerian money market rates closed mixed on Wednesday as financial system liquidity declined by 38% on the day due to the settlement of the OMO bills auction.
MeCure H1 2026 Earnings Reinforce Long-Term Growth Strategy MeCure Industries Plc delivered a resilient first-half…