- UN Demands $296 billion Annually to Restore Nature
- 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
News
The United Nations has called for annual global ecosystem restoration financing to rise to $ 296 billion by 2030 to reverse environmental degradation.
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.
Global equity markets open firmer on Monday amid surging demand for AI and tech stocks on Wall Street and across Asian bourses, and a strong performance in the S&P 500.
Bitcoin (BTC) price increased by more than 1% over the past 24 hours to $77,080.93, slightly outperforming a broadly flat market, primarily driven by a repricing of geopolitical risk.
Hyperliquid (HYPEUSD) gained 6.34% to $62.47, significantly outperforming a flat broader market, primarily driven by its massive, protocol-enforced buyback program.
Excess liquidity in the banking system, which peaked above N6 trillion, shrank due to outflows relating to the settlement of OMO and Nigerian Treasury bills sold at the primary market auctions.
Kasi Cloud Datacenters Commission West Africa’s First Hyper-Scale-Ready, AI-Capable Data Centre Campus in Lagos Kasi…
Champion Breweries Plc lost more than 5% of its market value on the Nigerian Exchange (NGX) last week as investors booked profit amidst a small dividend payment to shareholders.