PayPal stablecoin, PYUSD, reached $3.44 billion in market capitalisation on growing transaction volume.  PYUSD is expanding its blockchain footprint and institutional utility, though it faces competitive outflows.

Ethereum (ETHUSD) price increased by 2.5% over 24 hours to $2,368.08, according to trading data from a crypto exchange. The altcoin gain outpaces a broader market rally driven by a geopolitical de-escalation narrative, boosting risk assets.

LP Releases 2027 Primaries Timetable, Fixes Nomination Fees The Labour Party (LP) has released its timetable and schedule of activities…

Oil prices increased on Monday amid rising tensions in the Strait of Hormuz. The United States has indicated its support for commercial shipping in the area, while Iran has warned that it will target any American intervention.

The South African rand weakened against major crosses in the foreign exchange market as investors sought positions in safer global currencies amid geopolitical pressures.

Hopes for de-escalation in the Middle East set the tone for global markets, with Wall Street’s S&P 500 ending the week up 0.29% and the NASDAQ up 0.89%, First National Bank said in a morning brief on Monday.

The Kenyan shilling (KES) gained strength against major crosses in the foreign exchange market last week, reflecting the absence of significant pressure on the local currency amidst growing diaspora remittances.

Cement company Lafarge Africa Plc’s post-earnings stock market valuation surged about 19% to N5.64 trillion, according to data obtained from the Nigerian Exchange (NGX).

PDP BoT Calls Emergency NEC Meeting Amid Leadership Dispute The Peoples Democratic Party (PDP) Board of Trustees, led by Sen.…

The top 7 members of the oil group, the Organisation of Petroleum Exporting Countries and allied (OPEC+), announced on Sunday a production adjustment of 188,000 barrels per day (bpd) starting from June.