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Global equity markets open firmer on Monday amid surging demand for AI and tech stocks on Wall Street and across Asian bourses, and a strong performance in the S&P 500.
Bitcoin (BTC) price increased by more than 1% over the past 24 hours to $77,080.93, slightly outperforming a broadly flat market, primarily driven by a repricing of geopolitical risk.
Hyperliquid (HYPEUSD) gained 6.34% to $62.47, significantly outperforming a flat broader market, primarily driven by its massive, protocol-enforced buyback program.
Excess liquidity in the banking system, which peaked above N6 trillion, shrank due to outflows relating to the settlement of OMO and Nigerian Treasury bills sold at the primary market auctions.
Kasi Cloud Datacenters Commission West Africa’s First Hyper-Scale-Ready, AI-Capable Data Centre Campus in Lagos Kasi Cloud Datacenters today held the…
Champion Breweries Plc lost more than 5% of its market value on the Nigerian Exchange (NGX) last week as investors booked profit amidst a small dividend payment to shareholders.
Securities and Exchange Commission-regulated (SEC) AAG Capital Limited has set N141.62 per share as the target price for Guaranty Trust Holding Company (GTCO), according to details from the investment firm’s equity review.
Dual-listed telecom company Airtel Africa Plc traded at a 52-week high on the Nigerian Exchange (NGX), with 3.578 billion outstanding shares valued at N12.489 billion.
Nigerian companies and individuals with access to personal leverage will continue to pay high interest rates on borrowing funds as the Central Bank keeps the benchmark interest rate.
The naira slipped against the US dollar as a 6% weekly drop in Bonny Light tightened inflows from hydrocarbon FX receipts, keeping Nigeria’s external reserves balance below $49 billion.