United Bank for Africa (UBA) Plc has reported about 12% year-on-year customer deposit growth in the financial year 2025, according to the audited report released. The significant deposit growth reflects strong brand loyalty across key African markets where UBA holds sway.

Oil prices were set to end the week on a mixed note, as escalating tensions between the US and Iran and severe disruptions in the Strait of Hormuz supported the market.

XRP price is down 1.35% to $1.43 over the past 24h, underperforming a slightly weaker broader market, primarily driven by bearish derivatives positioning amid a risk-off sentiment spillover from Bitcoin.

Cardano (ADAUSD) is down 0.84% to $0.249 in 24h, underperforming a slightly negative broader market, primarily driven by a technical rejection at key resistance and a lack of bullish momentum.

Bitcoin (BTCUSD) retreated by 1.13% to $77,357.32, slightly underperforming a broadly flat crypto market, primarily driven by a modest pullback amid cooling sentiment and reduced leverage.

Morgan Stanley Investment Management has launched the Stablecoin Reserves Portfolio, ticker MSNXX, as part of its Institutional Liquidity Funds platform, structured as a government money market fund targeted at stablecoin issuers.

Kenya Airways, African Mega, Standard Group, Liberty Kenya, and HF Group boosted the Nairobi Securities Exchange (NSE) as the benchmark index rose on buying activity.

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited financial results for the year ended December 31, 2025, recording total assets growth of 9.4 per cent to N33.2 trillion, up from N30.3 trillion at the end of 2024, alongside an 11.8 per cent increase in customer deposits from N24.3 trillion in 2024 to N27.2 trillion.

GCR Ratings has affirmed Development Bank of Nigeria Plc’s (DBN) national scale long and short-term issuer ratings of AAA(NG) and A1+(NG) , respectively.

The naira fell against the US dollar at the official window as pressures from rising international payments eclipsed FX liquidity in the currency market.