- Nigerian Naira Depreciates as Interbank FX Turnover Slumps 78%
- World Bank Commends Nigeria as Private Capital Inflows Hit $6bn
- Obasanjo Seeks Increase in 13% Derivation for Oil-Producing States
- XRP Declines as Standard Chartered Launches RLUSD Custody
- NGX Index Sinks, Investors Lose N407bn as Tier-1 Banks Dip
- NVIDIA Tokenised bStocks Slides on Bearish IMF Report
- AI to Affect 40% of Global Jobs, Urges Policy Reforms- IMF Boss
- South African Rand Weakens as US Dollar Hits 18-Month High
The global crypto market cap rose to $2.57 trillion on Wednesday as the Hong Kong Monetary Authority (HKMA) and HSBC flagged fake stablecoins, prompting capital to rotate towards the top digital assets.
Guaranty Trust Holding Company’s (GTCO) net profit slipped more than 15% to N218 billion at the end of the first quarter of 2026, from N259.9 billion posted in the equivalent period in 2025.
The South African rand is relatively weaker overnight, trading at R16.55 to the dollar, R19.38 to the euro, and R22.36 to the pound, First National Bank said in a morning brief.
Wall Street Slips Amidst AI Investment Returns Concerns Wall Street came under pressure overnight as ongoing geopolitical concerns and weakness…
Reflecting an uncertain outlook, oil prices rose on Wednesday, driven by expectations that ongoing uncertainty in the Strait of Hormuz could further tighten global supply.
Jaiz Bank plc. dropped an additional 9% of its market value as concerns about the Islamic lender’s delayed audited financial statements stoked sell pressure in the local bourse.
XRP rebounded in the crypto market as the US SEC reaffirmed the token as a digital commodity in a new guideline. Details from the crypto exchange showed XRP trading around $1.40 on Wednesday, following a sharp price depreciation in the previous session.
The Central Bank of Nigeria (CBN) sold OMO bills to investors at the open market operation conducted on Tuesday, amidst robust liquidity in the financial…
The naira dropped sharply against the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Tuesday as FX payments surged above liquidity.
The newly inaugurated board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) resumed on April 28, 2026 with a pledge to boost the capacity of the NUPRC in meeting its statutory mandate.
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