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    MarketForces Africa » Inside Africa -MarketForces Africa » Page 274

    Fidelity Bank Gains 11% Amidst Oversubscribed Private Placement

    Analysis April 26, 2026

    Fidelity Bank Gains 11% Amidst Oversubscribed Private Placement Nigerian lender Fidelity Bank Plc. saw its market value surge amid bargain…

    FCMB Gains 5% as Board of Directors Approves Q1 Earnings

    Analysis April 26, 2026

    FCMB Group Plc saw a 5% increase in market capitalisation after the Board of Directors approved the first-quarter financial results for 2026.

    Ethereum Price Surges on Shank Tank Investor’s Endorsement

    Cryptocurrency April 26, 2026

    Ethereum (ETH) price climbed 1% to $2,336.25, outpacing a broadly flat market, driven by a technical breakout and steady institutional flows following the endorsement from the Shank Tank investor.

    HYPEUSD – Hyperliquid Dips to $41.15 as Momentum Fades

    Cryptocurrency April 26, 2026

    Hyperliquid (HYPEUSD) is down 1.60% to $41.15, underperforming a slightly positive broader market, primarily due to technical resistance and fading momentum after a strong rally.

    Short-Term Financing Dominates Globus Bank Loan Book – Fitch

    Analysis April 26, 2026

    With less than 1% of the banking industry’s market share, short-term working capital financing accounted for the largest share of Globus Bank Limited’s loan book, Fitch said in a rating note.

    Fitch Downgrades MoneyGram’s IDR to ‘B-‘ With Stable Outlook

    News April 26, 2026

    Fitch Ratings has downgraded MoneyGram International, Inc.’s Long-Term Issuer Default Rating (IDR) to ‘B-‘ from ‘B’ and the company’s revolver, term loan and 1L secured bonds to ‘B’ with a Recovery Rating of ‘RR3’ from ‘B+’/’RR3’.

    Bitcoin Tops $78k as Shark Tank Investor Exits Altcoin

    Cryptocurrency April 26, 2026

    Bitcoin (BTCUSD) topped $78k on increased dominance after a prominent cryptocurrency investor announced an exit from altcoins amid surging institutional demand.

    Polaris Bank, NACCIMA Inaugurate Export Support Centre

    News April 26, 2026

    Polaris Bank Ltd and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) inaugurated an Export Express Support Centre at the weekend.

    XRP Price Predicted to Rise on Bullish Supply Signal

    News April 26, 2026

    Ripple (XRP) is hovering around $1.42 over the last 24 hours across the cryptocurrency market after a failed attempt to break its resistance level.

    Binance Coin Dips on Increased Bitcoin Dominance

    Cryptocurrency April 26, 2026

    Binance Coin (BNB) is down 1.04% to $631.21, underperforming a slightly positive broader market. This is primarily driven by capital rotating into Bitcoin amid weak demand for altcoins.

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    Editors Picks

    DMO Targets N5.8 Trillion from Q4 Bond Auctions

    October 13, 2026

    Fuel Price Hike: FG Vows Relief, Cites Global Pressures

    October 12, 2026

    Nigerian Naira Depreciates as Interbank FX Turnover Slumps 78%

    October 12, 2026

    World Bank Commends Nigeria as Private Capital Inflows Hit $6bn

    October 12, 2026

    Obasanjo Seeks Increase in 13% Derivation for Oil-Producing States

    October 12, 2026

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