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    MarketForces Africa » » Page 117

    Bitcoin Price Tops $75.3K after BTC Miners Q1 Selloffs

    News April 17, 2026

    Bitcoin (BTC) price topped $75.3k on Friday as easing geopolitical tensions continue to boost buying momentum in the cryptocurrency market.

    Dangote Launches Plan to Sell 10% Refinery Stake via Pan-African IPO

    News April 17, 2026

    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.

    RAVE Price Surges to $18.57, Gains 7,345% in 1-Month

    Cryptocurrency April 17, 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 Gains on Booming Non-USDC/USDT Stablecoin Supply

    Cryptocurrency April 17, 2026

    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.

    Nigerian Bonds Face Selloffs after Disinflation Reversal

    News April 17, 2026

    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 Gains as Ripple Tests Real-Time Bonds Settlement in Korea

    News April 17, 2026

    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 JV Signs Gas Deal to Power Bayelsa’s Power Supply

    News April 17, 2026

    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.

    Money Market Rates Mixed on Banks Placement, Borrowing

    News April 17, 2026

    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.

    Exchange Rate Today -Naira Strengthens to N1342 Per Dollar

    FX Market April 17, 2026

    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.

    Disinflation Reversal Makes Interest Rate Cut Less Likely

    News April 17, 2026

    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.

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    Editors Picks

    Stock Market Shrinks Below N149trn over 3-Day Losses

    June 27, 2026

    Ripple XRP Climbs on EU Market Optimism, Institutional Appetite

    June 27, 2026

    Federal Govt. Needs N4.55bn to Fill PHC Vacancies- Official

    June 27, 2026

    Oil Prices Lower as Saudi Arabia, Iran Ramp Up Exports

    June 27, 2026

    Dogecoin Price Rises as SpaceX Inches to Join Nasdaq 100

    June 27, 2026

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