- Naira Loses N7 as Bonny Light, Nigeria’s US Dollar Reserves Ease
- Ethereum Tumbles as Rising Fed Rate Hike Odds Trigger Crypto Selloff
- African Currencies Mixed as Dollar Posts Strongest Week Since October
- Cardano Lost 8% as Hoskinson Says He Never Promised Price Gains
- Pi Network Loses 12% as Top Cryptocurrencies Tumble
- Fitch Affirms Namibia at ‘BB-’ with Stable Outlook
- XRP Plunges by 10% to $0.9146 on Aggressive Selloffs
- ICPC to Publish Recovered Assets, Owners, Status
Global Market
US and European indexes edge higher as AI stocks draw buying interest amid an Nvidia CEO scandal.
Nvidia’s share price, the world’s second-most valuable company (after Apple Inc.), fell 4.3% to close at $178 amid a scandal involving its chief executive officer, Jensen Huang.
Renewed appetite for technology and AI names is lifting Asian risk sentiment and extending Friday’s US rebound
Fitch Ratings has revised the Outlook on France’s Long-Term Issuer Default Ratings (IDRs) to Negative from stable and affirmed the Long-Term IDRs at ‘A+’.
Oil prices surged on Tuesday, supported by bargain hunting following recent price declines and reports of US military strikes on Iran’s Qeshm Island, which heightened concerns over potential
The African Export-Import Bank (Afreximbank) has supported Veenocks Limited’s porcelain tile manufacturing plant in Sagamu, Ogun State, Nigeria, through its Project Preparation Facility (PPF) and a US$81.9 million senior term loan.
US indexes dipped as AI and semiconductor stocks sold off after major technology companies reported disappointing earnings, amid broader concerns about AI spending and profitability.
Apple reclaimed its position as the world’s most valuable publicly traded company on Friday, 30 October 2026
Yields on Nigeria’s sovereign US dollar bonds slipped across the short, belly, and long ends of the curve as foreign portfolio investors and asset managers returned to international markets and piled into oil-linked issuers.
Editors Picks
Subscribe to News
Get latest news from MarketForces Africa...
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
