The Nigerian Exchange (NGX) market capitalisation inched near the N160 trillion mark on Thursday as financial stocks rallied following sell pressures during the midweek session.

Ripple (XRP) price is down 1.66% to $1.12, underperforming a slightly weaker broader market, primarily driven by a lack of immediate catalysts amid lingering regulatory uncertainty.

The global energy crisis deepened as Oil prices surged past $100 a barrel Thursday over threats

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The average yield on Nigerian government bonds declined in the secondary market as investors increased their bets in the local debt capital market.