- Wall Street, FTSE 100 Surge as AI Shares Gain Momentum
- Nigeria’s US Dollar Bonds Dumped as 10-Year Yield Surges to 8%
- Nigerian Banking System Excess Liquidity Climbs to N7.31trn
- Oil Dips as US-Iran Negotiations Progress, Brent Falls to $110
- CBN Intervenes in FX Market, Injects $500m to Ease Supply Stress
- Bitcoin Falls Below $80k Ahead of Federal Reserve Rate Decision
- Naira Losses Deepen, Exchange Rate Weakens to N1,367/$US
- Equities Investors Gain N2.6trn as Dangote Cement, FirstHoldco Rally
News
Wall Street and the FTSE 100 climbed as demand for shares in Artificial Intelligence
Ahead of the Federal Reserve’s rate decision, foreign portfolio investors and asset managers dumped Nigerian US dollar
Nigerian Banking System Excess Liquidity Climbs to N7.31trn Keeping money…
Fuel Price Uncertainty Forces Marketers to Temporarily Halt Supply — IPMAN The Independent Petroleum Marketers…
The equities segment of the Nigerian Exchange (NGX) key performance indicators diverged due to Sterling Bank’s
Cardano (ADA) price declined slightly by 0.5% to $0.1652, underperforming a slightly positive broader market, primarily driven by a “sell-the-news” reaction to its major network upgrade.
Bitcoin price is up 1.07% in 24 hours to $64,619, outperforming the broader market, which gained 0.93%, primarily driven by renewed institutional demand via spot ETFs.
President Bola Ahmed Tinubu, GCFR, has signed the Presidential Executive Order (EO) on Virtual Assets Coordination,
Ripple (XRP) price rebounds from sell pressure, up 0.54% to $1.09, underperforming the broader market’s 0.83% rise and closely following Bitcoin’s +1.19% move, primarily driven by improved macro sentiment that lifted the entire crypto complex.
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