- CBN to Open N1trn Treasury Bills for Subscription on Wednesday
- MemeCore Price Rises 6.6% as Investors Speculate
- ‘Why Insurance Penetration is Low in Nigeria – NCRIB
- EU Parliament Approves EU-U.S. Trade Deal Legislation
- Federal Government Moves to Curb Rising Cooking Gas Prices
- Pi Network Climbs Ahead of Pi2Day, Mandatory Nodes Upgrade
- Nigerian Exchange Shrinks, Tier-1 Banks Drive N782bn Loss
- Nigeria’s Foreign Reserves Near $51bn, Highest Since Jan. 2009
Champion Breweries Plc lost more than 5% of its market value on the Nigerian Exchange (NGX) last week as investors booked profit amidst a small dividend payment to shareholders.
Securities and Exchange Commission-regulated (SEC) AAG Capital Limited has set N141.62 per share as the target price for Guaranty Trust Holding Company (GTCO), according to details from the investment firm’s equity review.
Dual-listed telecom company Airtel Africa Plc traded at a 52-week high on the Nigerian Exchange (NGX), with 3.578 billion outstanding shares valued at N12.489 billion.
Nigerian companies and individuals with access to personal leverage will continue to pay high interest rates on borrowing funds as the Central Bank keeps the benchmark interest rate.
The naira slipped against the US dollar as a 6% weekly drop in Bonny Light tightened inflows from hydrocarbon FX receipts, keeping Nigeria’s external reserves balance below $49 billion.
The Nigerian Exchange (NGX) market capitalisation dipped by N366 billion over the last five trading sessions, as investors painted the Broad Street in red.
XRP rallied, rising 3.44% to $1.36 as Ripple invests $6 million in Squid as part of a broader plan to embed its XRP ledger into the emerging interoperability layer that is steadily reshaping how blockchains connect and exchange value.
Binance Coin (BNB) price rose by 3.08% to $658.50 as Grayscale’s regulatory Clarity endorsement and the latest Uniswap proposal boosted investor sentiment.
Ethereum (ETH) gained 4.5% in 24 hours to $2,117.45, outperforming a broader market rebound, driven by a macro-driven relief rally and technical support holding at a critical level.
Bitcoin (BTC) rallied by 3.01% to $76,800.38, closely tracking a 3.03% gain in the total crypto market cap, driven primarily by a broad market recovery after a week of heavy selling pressure.
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