- Moniepoint Opens USSD Channel for N50K Relief Fund for Nigerians
- Bitcoin Price Rises to $80k on Force Buying, Oversold Rebound
- Court to Deliver Judgment in El-Rufai’s N10bn Rights Suit
- Naira Dips Near N1,348 on FX Demand, Supply Imbalance
- Transcorp Power Spikes 10% as Investors Stake Post-Earnings Bets
- Transcorp Power, Banks Stock Drive Equities Rally, NGX Index Rises
- Senate Receives Tinubu’s Request for N10.79trn External Borrowing
- Interest Rates on Nigerian Treasury Bills Fall Across Tenors
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.
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.
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