- USD.AI – CHIP Sees 26% Price Surge on Single Tweet
- Cardano Drops as Crypto Investors Take Profit, Price Consolidates
- FirstHoldCo Slips 13% Below 52-Week High Ahead of Q3 Earnings
- Amaechi Faults Tinubu’s Fuel Subsidy Removal
- Makinde Pledges Inclusive Governance, Promises to Tackle Insecurity, Poverty
- Niger Delta Group Endorses Tinubu, Seeks 25% Oil Derivation Fund
- Ethereum Dips on Sell Pressure, ETFs Post Significant Outflow
- XRP Price Drops as Speculators Exit Bets Ahead of XRPN Listing
Ethereum (ETHUSD) price fell 8.05% over the last 24 hours to $1,638.21, underperforming the broader market decline and was primarily driven by a sector-wide altcoin sell-off.
Ripple (XRP) has lost about 8% in the last 24 hours, trading at $1.10 on Friday on sustained institutional selloffs, and technical breakdown.
Africa Finance Corporation (AFC) has successfully raised a record US$2 billion syndicated loan, underscoring strong global investor support for the rapid buildout of integrated infrastructure and industrial platforms shaping Africa’s next phase of economic growth.
The naira mixed on Thursday, slipping against the US dollar (US$) at the Nigeria Foreign Exchange Market (NFEM) as international payments surpassed FX supply.
The Nigerian equities market extended its bearish run on Thursday, with the All-Share Index declining 0.37% to settle at 242,227.31 points. The local bourse shrank as sell pressure persisted for four days straight, in what some stockbrokers now call a price correction after a fast-and-furious rally.
Kenya’s private sector activity deteriorated in May 2026, according to Stanbic IBTC Purchasing Managers’ Index (PMI) report released by S&P Global on Thursday.
Germany is set to be the main economic beneficiary among Europe’s large economies as the continent raises defence spending, Fitch Ratings says in a new report.
The Senate on Wednesday approved a new excise duty regime on sugar-sweetened beverages. The upper chamber also endorsed the creation of a dedicated funding stream to strengthen public health interventions across the country.
Ethereum (ETH) price is struggling to rebound after slipping 8% to $1,730 on Thursday amid bearish action driven by relentless institutional selling via spot ETFs and a cascade of leveraged long liquidations.
Cardano price (ADAUSD) plunged 13.51% to $0.188 over 24h, underperforming the broader market downturn, driven primarily by escalating ecosystem distress and negative sentiment.
Subscribe to Updates
Subscribe to updates from MarketForces Africa, an independent financial news service provider.
