- Naira Gains Traction on Improved FX Liquidity, Closing at N1,346/$
- Fitch Revises France’s Outlook to Negative; Affirms at ‘A+’
- CBN Raises N2.9trn as Investors Oversubscribe OMO Bills Offering
- NGX Index Climbs as Access Holdings, Transcorp Power Rally
- AFC, GCF Unlock $690 Million in Climate Finance
- OPay: Business Fundamentals Unaffected by NYSE Listing Suspension – Analysts
- XRP Decouples from Bitcoin, Rises to $1.26 as Wallets Grow
- Oil Prices Surge as US Strikes Iran’s Island, Brent Tops $106
News
The Nigerian naira rose against the crosses in the official market on Tuesday, reflecting improved FX conditions
Fitch Ratings has revised the Outlook on France’s Long-Term Issuer Default Ratings (IDRs) to Negative from stable and affirmed the Long-Term IDRs at ‘A+’.
The Central Bank of Nigeria (CBN) raised N2.9 trillion from OMO bills at Tuesday’s primary market auction to mop up excess liquidity in the financial system.
CIBN Inducts 2,020 New Chartered Bankers The Chartered Institute of Bankers of Nigeria (CIBN) on…
Ripple (XRP) is down 1.06% to $1.39 on Saturday’s trading session as Exchange-Traded Fund (ETFs) inflows paused for the second week, amidst a sharp decline in trading volume.
The energy crisis is expected to reshape Nigeria’s inflation expectations and will likely influence critical monetary policy decisions, analysts said, citing the U.S.-Iran conflict.
Zcash (ZECUSD) is down 4.18% to $207.47 over the past 24h, as retail investors took quick profits after positive price appreciation in the cryptocurrency market this week.
Dogecoin fell by about 5% in the last 24 hours to $0.094259 after Elon Musk’s X money launch pitch failed to mention DOGEUSD integration.
Fitch Ratings has revised the Outlook on Rwanda’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to Stable from Negative and affirmed the IDR at ‘B+’.