Nairobi Stock Exchange (NSE) Index climbed on Wednesday as Kenya Airways (7.7%), Umeme Ltd (7.6%), Unga Group (6.6%), Sasin (5.8%) and Kenye Re (5.5%) were the top gainers in the list.

Standard Chartered Bank Nigeria has emerged as the number one Mergers and Acquisitions (M&A) Financial Adviser by deal value in West Africa.

Gov. Abba Yusuf of Kano State has paid N32 billion out of N48 billion gratuity backlogs of retirees inherited in 2023. Yusuf disclosed this on Wednesday in Kano during the inauguration of the sixth tranche of payments to retirees in the state.

The naira appreciated against the US dollar on Wednesday, trading at N1371 as the Central Bank’s daily FX publication showed a sharp increase in interbank FX deals.

The equities market extended its upward momentum on Wednesday, with the Nigerian Exchange (NGX) All-Share Index (ASI) advancing 0.28% to close at 202,584.88 points.

The UK Financial Conduct Authority (FCA) said it has imposed restrictions on Bazar Money Transfer’s operations for failing to meet registration requirements.

Privacy token Zcash is up 25.06% to $331.25 over the past 24h, dramatically outperforming the broader crypto market rally, primarily driven by a geopolitical ceasefire that sparked a risk-on surge and a major short squeeze.

FTSE Russell keeps Egypt in view for possible reclassification to frontier market (FM) status, an official note following its March review highlighted.

The Nigerian National Petroleum Company (NNPC) Limited has commenced export of its new crude grade – Cawthorne, marking a significant milestone in the Company’s drive to increase Nigeria’s crude oil production and expand its portfolio of globally competitive export streams.

Hyperliquid (HYPE) price climbed by 9.21% to $39.29 over 24h, outpacing a broader market rally driven by a macro-induced risk-on move.