- 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
Transcorp Power posted about N55 billion in pre-tax profit in the first half of the financial year 2026, amid operational challenges stemming from recurring vandalism of transmission infrastructure.
FirstHoldco Plc extended its remarkable bullish run, advancing from an intraday high of N87.25 to settle at a new all-time closing high of N95.95 per share, reinforcing its position as one of the Nigerian Exchange’s strongest-performing banking stocks.
The Nigerian stock market expanded by more than N849 billion on Friday as investors’ attention shifted to tier-1 banks’ stocks, stockbrokers said.
Targeted Policy Response Keeps UAE Economy Resilient – IMF The UAE economy has shown remarkable…
Ripple (XRP) price declined to $1.08, underperforming a slightly weaker broader market, primarily driven by macro-driven risk aversion and a bearish technical breakdown.
The rand is trading slightly weaker this morning as signs of resilience in the US economy reinforced expectations that US interest rates may remain higher for longer.