Crude oil and condensate fell to an average of 1.51 million barrels per day (mbpd) in February 2026, even as the Nigerian National Petroleum Company Limited (NNPCL) remitted N1.804 trillion to the Federation Account.

The equities segment of the Nigerian Exchange (NGX) closed in the green as buying interest in Tier-1 banks supported a N1.36 trillion weekly gain in the local bourse.

Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘B’ with a stable outlook. 

Pi Network price climbed to $0.169 in 24h, outperforming a down market where Bitcoin fell 1.46%, primarily driven by low-volume drift in a thin market.

The African Development Bank Group (AfDB) has approved a $200 million loan to support Nigeria’s efforts to expand digital infrastructure and create jobs.

Toncoin (TON) gained 14.83% over the last 24 hours, trading at $1.48, dramatically outperforming flat Bitcoin and driven primarily by a bullish network upgrade announcement from Telegram.

Bitcoin (BTC) price surges to $72.8k on reports that Iran plans to toll the Strait of Hormuz with crypto payments amidst a ceasefire with the United States.

World Liberty Financial (WLFI) price declined about 3% to $0.0793 over the past 24h, hitting new all-time lows, primarily due to a project-specific liquidity crisis.

Ripple (XRP) resumed its price recovery, rising to $1.35, as Japan classifies the native utility token as a financial asset, boosting investor sentiment and attracting capital into altcoins. 

The Nigerian local currency, the naira, maintained its position in the foreign exchange (FX) market against the dominant US dollar on Friday, with the official rate closing at N1,359.