- Global Hunger Declines Across Continents, Trade Risks Loom- UN
- NUPRC Unveils 143 Bidders for 37 Oil Assets in Licensing Round, Targeting 300,000bpd
- Hundreds Join Protest Against U.S. Intelligence Base
- Crimean-Congo Fever on Increase in Afghanistan, 21 Deaths in June-WHO
- ASEAN Foreign Ministers Seek to End Middle East Hostilities
- New UK Prime Minister Targets Lower Energy Bills in First Move
- CBN Keeps Benchmark Interest Rate at 26.50%
- South African Rand Firmer as Risk Sentiment Improves
News Highlights
Global markets retreated as the geopolitical tensions’ shockwave stoked sell pressure across major exchanges. Escalating US-Iran ceasefire tensions dominated global markets, First National Bank (FNB) said in a morning brief.
Ripple’s XRP price dips to $1.36, underperforming a slightly softer broader market amid macro headwinds pressuring the entire crypto sector.
Equity investors gained N5.5 trillion in the Nigerian stock market over 5 days, supported by strong buying momentum amid the first-quarter (Q1) 2026 earnings release.
XRP Gains as Ripple’s XRPL Upgrade Fixes Vulnerabilities XRP is up 2.00% to $1.41 in…
CBN Directs Banks to Block Loan Defaulters from Accessing Credit The Central Bank of Nigeria…
BUA Cement and Transcorp Hotel Plc, among others, drove momentum in the Nigerian Exchange (NGX) trading platform with a surge of about N649 billion in market capitalisation.
The average yield on Nigerian Treasury bills rose 8 basis points to settle at 17.31%, reflecting diminished investor sentiment and a less supportive climate in the secondary market.
Dangote Sugar Refinery Plc’s (Ticker: DANGSUGAR) share price nosedived by 10% as investor sentiment deteriorated after an unimpressive earnings performance.
Selloffs in Dangote Sugar Refinery, Jaiz Bank, and other decliners dragged the Nigerian Exchange (NGX) market capitalisation down by about N102 billion on Wednesday.