- Nvidia’s $3bn Meta Bet Exposes Major AI Unknown
- Big Bang: Over £1trn of Equity Capital Raised Since 1986 – LSE
- XRP Rises as Ripple Gets Approval to Launch National Trust Bank
- 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
News
Nvidia’s $3 billion share purchase from Meta, one of its biggest customers, is a fresh red flag for the circular AI economy
The Central Bank of Nigeria (CBN) reduced the Treasury bills spot rate by 4 basis points to 17.66%, according to details from primary market auction results obtained by MarketForces Africa.
Nigeria’s Headline Inflation Declines to 15.91% in June Nigeria’s headline inflation moderated marginally to 15.91%…
The average yield on Nigerian Treasury bills declined as fixed income investors piled into positions ahead of the midweek auction, Broadstreet traders said.
Bitcoin (BTC) price climbed by 3% to $65, 151 outperforming a broadly rising crypto market
Chainlink (LINK) price climbed by 5.74% to $8.41, outperforming a rising broader market, primarily driven by a major ecosystem migration boosting utility demand.
Cardano (ADA) price surged by about 4% to $0.164, slightly outperforming Bitcoin’s +3.07%