Browsing: News

The Central Bank of Nigeria (CBN)’s foreign-exchange market intervention dollar injections declined by 83%, putting significant pressure on the local currency.

The NNPC Ltd has signed a Memorandum of Understanding (MoU) with two Chinese companies, Sanjiang Chemical Company Limited and Xinganchen (Fuzhou) Industrial Park Operation and Management Co. Ltd, for collaboration through a potential Technical Equity Partnership in support of the completion and operation of the Port Harcourt and Warri Refineries.

Equity Investors Gain N63 bn in Nigerian Stock Market The Nigerian Exchange (NGX) market capitalisation rose by about N63 billion…

Nairobi Exchange Tanks, Absa, StanChart Drag Banking Index The Nairobi Securities Exchange (NSE) All-Share Index (ASI) tanked on Monday amid…

Bitcoin (BTC) price topped $80 over robust transatlantic institutional appetite and strong initial demand from self-directed investors, highlighting growing wealth-management interest.

The Federal Capital Territory High Court on Monday remanded a former Syke bank Chairman, Tender Ayeni in Kuje Corrections facility, pending the determination of his bail application.

GameStop has made a $55.5 billion offer on Monday to buy eBay, with the video game retailer’s Chief Executive saying the move could create a strong competitor to Amazon.

PayPal stablecoin, PYUSD, reached $3.44 billion in market capitalisation on growing transaction volume.  PYUSD is expanding its blockchain footprint and institutional utility, though it faces competitive outflows.

Ethereum (ETHUSD) price increased by 2.5% over 24 hours to $2,368.08, according to trading data from a crypto exchange. The altcoin gain outpaces a broader market rally driven by a geopolitical de-escalation narrative, boosting risk assets.

LP Releases 2027 Primaries Timetable, Fixes Nomination Fees The Labour Party (LP) has released its timetable and schedule of activities…