The South African rand (ZARUSD) rose to R16.4 per US dollar on Friday, hovering near its highest level since mid-May.  The local unit saw a last-minute rally after a sharp fluctuation against crosses this week.

Naira Drops to N1,375/$ as Interbank FX Turnover Crashes Increased demand for the US dollar in the Nigerian foreign exchange…

Afreximbank Records 25% Rise in Q1 2026 Net Income The African Export-Import Bank (Afreximbank) has announced a 25 per cent…

The equities market closed on a positive note on Friday, with the Nigerian Exchange (NGX) All-Share Index (ASI) gaining 0.22% to settle at 249,712.37 points.

Goldman Sachs has completed its exit from positions in XRP and Solana exchange-traded funds (ETFs), according to its Q1 2026 13F filing with the U.S. Securities and Exchange Commission.

The blockbuster IPOs expected imminently from SpaceX, OpenAI and Anthropic could weaken the grip the Magnificent Seven — Apple, Microsoft, Nvidia, Amazon, Meta, Alphabet, and Tesla — have held over Wall Street for years, says Nigel Green, CEO of global financial advisory deVere Group.

Togolese authorities and the International Monetary Fund (IMF) reached a staff-level agreement on economic policies and reforms to complete the combined third and fourth reviews of the authorities’ economic reform program supported by the Extended Credit Facility (ECF) arrangement.

Ripple (XRP) bottomed out amid sell-offs, with the price falling to $1.35 on Friday, closely tracking a broader market decline primarily driven by macro headwinds pressuring risk assets.

Lagos Maintains Stable Debt Profile as Revenue Hits N2.6trn The Lagos State Government says it maintained a stable and sustainable…

A total of 464 in the S&P 500 that have declared their earnings for the first quarter of 2026 surpassed expectations, South African Oldest Bank, First National Bank (FNB) said in a brief on Friday.