- XRP Hovers at $1.30 as Ripple Says Customers, Partners Increase 3x
- Sterling Financial Bolsters Earnings, Grows Profit by 37% to N97.28bn
- South African Rand Steadies as Investors Digest Fed Rates Decision
- Nigeria’s 20-Year US Dollar Bond Yield Falls to 8.50%
- UK, Nigeria Seek Investment in Small Hydropower Projects
- Fidelity Bank Redeems $400 Million Eurobond at Maturity
- Oil Prices Ease on Hope of Fresh US-Iran Talks, Brent Dips to $110
- Excess Liquidity in Banking System Eases to N8.6trn, Rates Diverge
News
Ripple (XRP) inched down 2%, now hovering around $1.30 on Thursday, underperforming a slightly negative broader market
Sterling Financial Holdings Company PLC has announced its unaudited results for the nine months ended 30 September 2026, reporting strong earnings growth, balance sheet expansion and a stronger equity base.
The South African rand traded steady on Thursday as global investors began digesting the US Federal Reserve’s decision to hold the fed funds rate unchanged at its committee meeting.
Global equities markets open strong on Tuesday following a significant improvement recorded the previous day, driven by an AI stock rally ahead of key economic data.
African Export–Import Bank (Afreximbank) has committed $ 83 billion to Nigeria since its inception, with a significant share invested in Lagos, as the city has secured hosting rights for the next Intra-African Trade Fair.
Binance coin (BNBUSD) price climbed by about 3% to $606.96, closely tracking a broader market rebound primarily driven by a macro-driven relief rally across crypto.
Solana (SOL) price increased by 5% to $67.36, outperforming a broader market rebound primarily driven by a potential liquidity signal from a major stablecoin mint and oversold technical conditions.
First Bank of Nigeria Limited’s capital adequacy ratio (CAR) fell below the Central Bank of Nigeria (CBN) benchmark in Q1 2026, a regulatory breach that analysts anticipate will be restored at the end of the third quarter.
The naira traded sideways against the US dollar in the official window on Monday, reflecting low payment pressure following the Apex Bank’s FX manual notice.