- Bitcoin Trades Sideways as Strategy Inc. Reduces BTC Holding
- Ethereum Hovers at $1.85k as BitMine Hikes ETH Holdings to 4.8%
- Banking System Surplus Liquidity Rises 70%, Interbank Rates Mixed
- CBN Allots N2.5tn in OMO Bill at 20.10% Interest Rate to Investors
- Nigerian Naira Rallies on 132% Surge in Interbank FX Turnover
- Delta Govt. Earmarked $100m for De-Risking Investments -Oborevwori
- Hyperliquid Gains as Protocol Buyback-and-Burn Tightens Supply
- Nigeria Must Lead Global Energy Security – Seplat CEO
Stock Market
The Nigerian stock market edged higher on Monday as investors gained more than N288 billion following a sharp positive price appreciation in some tickers.
The Nigerian stock market capitalisation closed at N158.70 trillion at the end of July with a year-to-date return of 57.62% following significant sell-offs last week.
Zenith Bank, Access Holdings, FirstHoldco, among others, dragged the Nigerian Exchange (NGX) down by more than N1 trillion, further reducing year-to-date returns.
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