- NVIDIA Tokenized bStocks Down on Broader Crypto Selloffs
- XRP Lost 7% as Investors Take Quick Profits in Altcoins
- Naira Climbs as Interbank FX Turnover Declines by 80%
- Nigerian Exchange Indicators Surge as Investors Gain N779bn
- 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%
News
NVIDIA Tokenized bStocks (NVDAB) is down 1.54% to $210.30 in 24h, underperforming a broadly weaker crypto market primarily driven by a macro-driven sell-off in Bitcoin.
Ripple (XRP) price is down 6.95% in 24 hours to $1.23 on Thursday, underperforming a broader market decline and driven mainly by a sector-wide altcoin retreat.
The naira climbed against the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Thursday, the third straight rally since the beginning of the week.
South African rand (ZAR) is trading steady against Western currencies, including the US dollar, the European single currency (Euro), and British sterling (GBP), amid easing global oil prices in the commodity market.
Global markets kick off strong on Wednesday, with Technology and Artificial Intelligence (AI) stocks driving momentum in the previous trading session.
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The Nigerian naira declined across foreign currency markets due to surging demand for the US dollar, the Euro and the Sterling. Daily FX data released by the Central Bank of Nigeria (CBN) showed that the local currency closed the trading session at ₦1,375.4073 per US dollar, up from ₦ 1,374.9172 the previous day.
Nigerian Exchange Shrinks as Equities Investors Lose N888bn The Nigerian Exchange (NGX) shrank on Tuesday…