- DMO Targets N5.8 Trillion from Q4 Bond Auctions
- Fuel Price Hike: FG Vows Relief, Cites Global Pressures
- 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
Fidelity Bank Gains 11% Amidst Oversubscribed Private Placement Nigerian lender Fidelity Bank Plc. saw its market value surge amid bargain…
FCMB Group Plc saw a 5% increase in market capitalisation after the Board of Directors approved the first-quarter financial results for 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.
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.
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 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 (BTCUSD) topped $78k on increased dominance after a prominent cryptocurrency investor announced an exit from altcoins amid surging institutional demand.
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.
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 (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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