- Nigeria Approves $2.96bn, €200m, N215bn to Boost Economy
- NCC Earns Top Spot in BPSR 2026 MDA Rankings
- Oil Prices Rise as US, Iran Strikes Raise Supply Risks
- Rising US Inflation Brings Persistent Overshoot Into Focus
- Naira Falls as Foreign Investors’ Equity Selloffs Intensify FX Demand
- N2.34trn Wiped Off Nigerian Market as MTN, Dangote Sink
- Yield on FGN Bonds Climbs 77bps as Investors Trim Holdings
- T+1 Settlement Tightens Risk Window — EBC Flags Danger After SEC Stops Dangote IPO Promotion
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.
Boosted by gains in Seplat and MTN Nigeria, the Nigerian Exchange (NGX) maintained its positive trajectory on Thursday
Ripple (XRP) has lost about 14% in the last 24 hours, settling at $1.35 on Thursday in the crypto market as extreme fears stoked sell pressure.
Bitcoin (BTC) and Ethereum (ETH) are trading at new lows across the crypto market as the global market capitalisation of all digital assets plunged to $2.4 trillion on Thursday.
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Nigerian banks will continue to face asset quality challenges following the total forbearance shutdown by the Central Bank in 2025, S&P acknowledged in a new report.
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