- 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
NAICOM Warns Insurers Against Flouting July 31 Recapitalisation Deadline The Chief Executive Officer, National Insurance…
NGX Chair Seeks Capital, Insurance Partnership Chairman of the Nigerian Exchange Group, Dr Umaru Kwairanga,…
Cardano (ADA) price climbed by approximately 5% in 24 hours to $0.1663, outperforming a broader market up 1.15%, primarily driven by anticipation of today’s major network upgrade.
XRP price climbed slightly as the token set the stage for the next rally, with investors pricing in Ripple’s expanded access to European markets.
Oil prices are on track for a weekly gain of more than 13% as escalating tensions between the United States and Iran revived concerns over potential disruptions to crude supplies through the Strait of Hormuz.
The Naira rallied, closing the trading week stronger on Friday, appreciating to N1,380.18 against the United States dollar at the official foreign exchange market.