- 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.
Oil Prices Fall as US Relaxes Sanction on Venezuela’s Export Oil prices declined in the…
The short-term benchmark interest rates mixed as a huge OMO bill debit strained liquidity conditions in the money market. The outflow pushed funding costs higher at the close of business on Thursday.
Bitcoin (BTCUSD) fell 5.54% over the last 24h to around $84k, underperforming the broader cryptocurrency market’s 5.04% drop. The decline has knocked down global market capitalisation below $3 trillioin, as Ethereum and other top altcoins plunged.
Ripple (XRPUSD) slumped 5.43% over the last 24h to $1.80, underperforming the broader crypto market’s 4.8% drop. Top crypto assets have seen significant losses as sentiment waned.
Zenith Bank Plc has inched closer to N3 trillion in market capitalisation ahead of the release of fourth-quarter 2025 earnings. The bank share price has crossed N71 again, reflecting sustained investor demand.
Jide Sipe, Abiodun Coker of UBA, Others Emerge as ACAMB Executives The Association of Corporate…