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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 210

    Banking, Consumer Stocks Drive N4.5trn Investors Gain in May

    News May 31, 2026

    The equities market sustained its positive momentum in May, with investors gaining N4.514 trillion as renewed buying interest in financial services and consumer goods stocks lifted overall market performance.

    DOGEUSD – Dogecoin Slides to $0.10 on Memecoin Selloffs

    News May 31, 2026

    Giving up its slight gains, Dogecoin (DOGEUSD) slipped slightly to $0.1006 in the last trading session of May, driven by profit-taking across memecoins.

    ZECUSD – Zcash Rises 5% after Multi-day Price Correction

    News May 31, 2026

    Zcash (ZECUSD) rose by 5.05% to $546.98 amid weak cryptocurrency market conditions, after significant sell pressure had driven its market value lower.

    Binance Coin Gains 7.3% on High-Volume Spot Buying

    News May 31, 2026

    Binance Coin (BNB) sustained momentum, up 7.3% to $722.88 over 24 hours, driven by high-volume spot buying and rotation into altcoins.

    Market Regulator Sets for T+1 Settlement, Suspends Key Trading Rules

    News May 30, 2026

    Market Regulator Sets for T+1 Settlement, Suspends Key Trading Rules The market regulator, the Nigerian Exchange (NGX), has suspended several…

    Moody’s Changes Mali’s Outlook to Negative, Affirms Caa2 Rating

    News May 30, 2026

    Moody’s Ratings (Moody’s) has changed the outlook on the Government of Mali to negative from stable and has affirmed the local- and foreign-currency long-term issuer ratings at Caa2. 

    HBAR- Hedera Gains 5% as Open Interest Surges, Positioning

    News May 30, 2026

    Hedera (HBARUSD) gained 5.02% over 24 hours to $0.0975, significantly outperforming a flat Bitcoin and the broader market, driven primarily by a surge in leveraged derivatives positioning and whale accumulation.

    SOLUSD – Solana Price Climbs on Huge Spot ETF Inflows

    News May 30, 2026

    Solana (SOLUSD) climbed 1.01% to $82.94, slightly outperforming a modestly rising broader market, primarily driven by relative strength amid capital rotation and steady institutional interest.

    ADAUSD -Cardano Gains 2% on Staking, Whale Accumulation

    News May 30, 2026

    Cardano (ADAUSD) gained 2% over the past 24 hours to $0.23699, outperforming a flat Bitcoin, primarily driven by strong on-chain accumulation and network confidence.

    Nigerian Exchange Delivers 60.90% Return in 5 Months

    News May 30, 2026

    The Nigerian Exchange (NGX) delivered a 60.90% return from January to May 2026, driven by persistent demand for stocks of local companies across sectors.

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    Moody’s Upgrades Ghana’s Credit Ratings, Changes Outlook

    October 11, 2026

    SSA: Reforms Prove Support Amid Volatile External Environment -Fitch

    October 11, 2026

    Nigerian Naira Softens Against US Dollar, Euro, British Pound

    October 11, 2026

    Bitcoin Rises, Exchange-Traded Fund Inflows Signal Demand

    October 11, 2026

    USD.AI – CHIP Sees 26% Price Surge on Single Tweet

    October 11, 2026

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