- 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
Nigeria’s 10-year U.S. dollar bond yield fell by six (6) basis points (bps) as global portfolio investors
The South African rand traded slightly firmer against major currencies in the forex market
Memory Chip Stocks Selloffs Drag Wall Street, European Markets Mixed Mirroring global markets’ swing, Wall…
Crude oil prices rose amid worries over supply disruptions as tensions continue to escalate in the Middle East with fighting between Iran-backed Houthis and Saudi Arabia.
OPEC Oil Output Rises 920,000 bpd in Sept., Saudi Boosts Supply Crude oil production by…
The naira weakened against the US dollar, euro, and British pound in the foreign exchange market
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