- Oil Prices Rise as Markets Brace for Nuclear Strike Against Iran
- ARM Investment Managers Lists N10bn Series 1 Private Debt Fund on FMDQ
- Excess Liquidity in Nigerian Banking System Hits N10trn
- XRP Price Up on Upcoming Ripple Ledger Fix, Volume Support
- Federal Govt. Policies Raise Nigeria’s Exports by 25%- Dantsoho
- Reforms Boost Nigeria’s Crude Production by 600,000 bpd – Ojulari
- Reps Invite CBN Governor over Alleged Pension Irregularities
- Naira Gains Traction on Improved FX Liquidity, Closing at N1,346/$
News
Oil prices rose on Wednesday, supported by renewed buying interest after recent declines and concerns
OKB token surged approximately 24% within a 24-hour period, reaching $97.35 on Friday, significantly outperforming a declining broader market. With a $2.04 billion market cap, this rally was primarily driven by a dramatic increase in activity on exchange platforms.
The average yield on Nigerian Treasury bills rose 8 basis points to settle at 17.31%, reflecting diminished investor sentiment and a less supportive climate in the secondary market.
The Central Bank of Nigeria (CBN) increased its intervention in the forex market during the week by injecting an $300 million to reduce the naira’s all-week negative fluctuations.
Oil prices edged higher on Friday as disruptions to shipments through the Strait of Hormuz following attacks on Iran continued to fuel supply concerns.
Stanbic IBTC Hits 52-Week High in Fresh Rally Stanbic IBTC Holding Plc has set a…
Premier Paints Trades Strong on Renewed Investor Confidence After a prolonged period of subdued performance…