- Bids Top N2.3trn at CBN OMO Auction, Only ₦245bn Allotted
- 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
News
The Central Bank of Nigeria (CBN) allotted about N245 billion in OMO bills to investors across two short tenors at the open market operation conducted to mop up excess liquidity.
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 Nigerian stock market edged higher on a rally in telco and banking indices. Buying interest in the telecommunications giant AIRTELAFRI, which reached a new year-high of NGN3,655.70, pushed the local bourse to a bullish close in the first trading session of the week.
Toncoin Gains 10%, Cluster of Ecosystem Updates Drive Rally Toncoin gained about 10% over 24…
TRON (TRX) gained 2% in 24 hours to $0.372, outperforming a flat broader market, primarily driven by its fundamental utility as a leading stablecoin settlement layer. TRX price increase over solid utility and technical momentum, though overbought readings suggest near-term volatility.
The average yield on Nigerian Treasury Bills dipped in the secondary market as investors ramped up their holdings of naira-denominated assets, with optimism about economic growth boosting sentiment.
The naira recorded a market-wide rally as Nigeria’s economy expanded in the first quarter of 2026, according to the statistics office, with FX data showing the dollar retreated on Middle East hope.
Airline Operators React to Debt Claim by NCAA The Airline Operators of Nigeria (AON) has…