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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 153

    U.S. Revokes Iran Oil Licence over Hormuz Tanker Attacks

    News July 7, 2026

    The United States revoked a temporary sanctions waiver for Iranian oil Tuesday after three tankers

    Nigerian Stocks Surge, Investors Gain N1.86trn

    News July 7, 2026

    Nigerian Exchange (NGX) market capitalisation rose further on Tuesday, with investors’ wealth

    Naira Depreciates by N7.52K as Forex Market Liquidity Drops

    News July 7, 2026

    The naira depreciated by N7.52 kobo per US dollar in the foreign exchange (forex) market…

    DeXe Tops $29 as Capital Rotates into DeFi, DAO Tokens

    News July 7, 2026

    DeXe price gained about 5% to $29.08, significantly outperforming a flat broader market, primarily driven by capital rotation

    BTCUSD Surges Past $64k Amid US Strategic Bitcoin Reserve Plan

    News July 7, 2026

    Bitcoin price (BTCUSD) has just surpassed $64k, driven by improved sentiment following a 10-day streak of outflows

    Zcash Price Jumps 13% as Ironwood Upgrade Boosts Sentiment

    News July 7, 2026

    Zcash (ZEC) price jumped by 13.05% to $506.62 on Tuesday, dramatically outperforming a nearly flat Bitcoin

    South African Rand Firmer Ahead of Foreign Reserves Update

    FX Market July 7, 2026

    South African rand opens firmer on Tuesday ahead of net and gross reserves updates from the central bank.

    Wall Street Climbs on AI Stocks Rally, European Markets Slip

    News July 7, 2026

    Global markets delivered mixed performance, with Wall Street gaining on momentum in AI- and technology-linked stocks

    XRP Stalls on Technical Rejection as Ripple EU Win Widens Market Access

    News July 7, 2026

    XRP declined to $1.12 on Tuesday, underperforming a flat Bitcoin, primarily driven by a technical

    Investors Pile into Nigerian Treasury Bills, Yields Decline

    News July 7, 2026

    The average yield on Nigerian Treasury bills declined by 9 basis points in the secondary market

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    Editors Picks

    Fitch Revises Nigeria’s Outlook to Positive, Anticipates Tinubu 2027 Election Win

    October 10, 2026

    XRP Gains on Ecosystem Catalyst Ahead of Evernorth Listing

    October 10, 2026

    Crude Oil Prices Mixed, Brent Rises 0.5% in 5-Day, WTI Dips

    October 10, 2026

    Cardano Rises 7% on Buying Interest, Outperforms Top Crypto Assets

    October 10, 2026

    US Sanctions 17 Vessels Linked to Iran, Targets Shipments to Asia

    October 10, 2026

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