- Naira Rate Weakens on Liquidity Squeeze, FX Spread Widens
- South Africa 10-Year Bond Yield Edges Higher to 8.83%
- Tinubu Hails EFCC as Nigeria Wins $6bn Mambilla Arbitration in Paris
- Investors Trade 3.25bn Shares Valued at N238bn in Nigerian Market
- PIA: Market Forces Determines Fuel Prices – NMDPRA
- NVIDIA bStocks Gains on Regulatory Tailwinds for Tokenized Equities.
- SpaceX Tokenized bStocks Rises on SEC “Innovation Exemption” Bet
- XRP Tops $1.44 as Ripple CEO Downplays Failed CLARITY Act
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.