- CBN to Open N1trn Treasury Bills for Subscription on Wednesday
- MemeCore Price Rises 6.6% as Investors Speculate
- ‘Why Insurance Penetration is Low in Nigeria – NCRIB
- EU Parliament Approves EU-U.S. Trade Deal Legislation
- Federal Government Moves to Curb Rising Cooking Gas Prices
- Pi Network Climbs Ahead of Pi2Day, Mandatory Nodes Upgrade
- Nigerian Exchange Shrinks, Tier-1 Banks Drive N782bn Loss
- Nigeria’s Foreign Reserves Near $51bn, Highest Since Jan. 2009
Middle East News
Fitch Ratings has affirmed Infrastructure Credit Guarantee Company PLC’s (InfraCredit) Insurer Financial Strength (IFS) Rating at ‘BB-‘ and National IFS Rating at ‘AAA(nga)’.
Fitch Ratings has affirmed the United Arab Emirates’ (UAE) Long-Term Issuer Default Ratings (IDRs) at ‘AA-‘ with a stable outlook, according to a rating note released by the agency. UAE’s ‘AA-‘ rating reflects low consolidated government debt, strong net external asset position and high GDP per capita.
Ripple (XRP) taps Bitcoin’s gaining streak, as the token price climbed about 2% to $1.42, though it’s still underperforming the broader market rally.
Ripple’s XRP price has been hovering around $1.31 over the past 24 hours, down 0.28%, and over the last week, it has decreased by 1.78%. For some crypto investors, the tight price movements signal stability amid geopolitical instability, reducing investment appetite.
Reversing trend, US West Texas Intermediate crude grade surpassed Brent prices as the oil supply outlook worsened due to the escalating Middle East conflict.
Circle’s EURC climbed by 100 basis points over 24 trading hours to $1.14, as European countries’ single-currency stablecoins dominated the non-USD market.
Fitch Places Arada on Rating Watch Negative Fitch Ratings has placed Arada Developments LLC’s Long-Term…
Ethereum (ETH) dropped by more than 5.13% over 24 hours to $2,074.74 as early investors moved holdings to exchanges, countering recent Whale accumulation.
Oil Falls Below $100 after Trump’s Comments on U.S.-Iran Talks Oil prices fell back below…