The Dangote Group is moving forward with plans to sell a 10 per cent stake in its $20 billion, 650,000-barrel-per-day refinery through a landmark Pan-African Initial Public Offering (IPO) in 2026.

RaveDAO (RAVE) token gained approximately 30% to $18.34 over the past 24h, significantly outperforming a flat broader market, driven by continued momentum in the meme coin sector.

Solana’s (SOL) price climbed 3.33% to $87.90 on Friday as investors rallied their positions amid a sharp increase in Solana’s non-USDC (Cycle)/USDT (Tether) stablecoin supply.

A reversal to disinflation stoked selling pressure in Nigerian bonds, as investors’ returns came under risk amid spot rate repricing across the fixed-income market.

XRP price rose by 5% to $1.46 as Ripple tested real-time bond settlement in Korea, fuelling expectations that improved adoption would boost demand for cross border payments.

Oando Plc announced that its upstream Joint Venture (JV) with NNPC E&P Limited (NEPL), the NEPL/Oando JV, has enabled the delivery of a 60-megawatt (MW) Independent Power Plant (IPP) in Yenagoa, Bayelsa State.

The money market rates closed on a mixed note, as deposit money banks’ placements at the Central Bank of Nigeria (CBN) Standing Deposit Facility (SDF) window were offset by some operators borrowing.

The Naira closed the trading session in the positive territory at the Nigerian Foreign Exchange Market (NFEM), appreciating by 11bps or ₦1.44 against the U.S. Dollar.

Global energy crisis is expected to put Nigeria’s interest rate cut on hold until the aftermath effects of the US-Iran war fizzle out, analysts said in a discussion with MarketForces Africa.

All Fitch-rated licenced Nigerian banks have met the new paid-in capital requirements effective from end-1Q26, as have the majority of non-rated banks, Fitch says.