- GTBank Increases Naira Debit Card Spend by 100% to $40k
- Nigerian Naira Rallies as Foreign Investors Keep FX Supply Flowing
- XRP Price Falls to $1 as Retail, Institutional Investors Sell
- NGX Market Cap Tops N160trn as Equities Investors Gain N1.91trn
- Gabon’s Revised 2026 Budget Leaves Deficit High, Financing Uncertain -Fitch
- Bitcoin Price Declines as Strategy Inc. Sold BTC to Purchase Stocks
- Alibaba Tokenised bStocks Up, Buoyed by Investors’ Interest in RWAs
- Robinhood Launches Crypto Trading for UK Investors
News Highlights
Equities investors trading highs and lows in the Nigerian Exchange (NGX) lost about N801 billion as buying momentum eased on Wednesday.
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.
The British pound (GBPUSD) fell to 1.33 against the US dollar, the lowest since December 2025, as the UK economy
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.