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The Nigerian stock market edged higher on a rally in telco and banking indices. Buying interest in the telecommunications giant AIRTELAFRI, which reached a new year-high of NGN3,655.70, pushed the local bourse to a bullish close in the first trading session of the week.
Toncoin Gains 10%, Cluster of Ecosystem Updates Drive Rally Toncoin gained about 10% over 24 hours to $1.93, significantly outperforming…
TRON (TRX) gained 2% in 24 hours to $0.372, outperforming a flat broader market, primarily driven by its fundamental utility as a leading stablecoin settlement layer. TRX price increase over solid utility and technical momentum, though overbought readings suggest near-term volatility.
The average yield on Nigerian Treasury Bills dipped in the secondary market as investors ramped up their holdings of naira-denominated assets, with optimism about economic growth boosting sentiment.
The naira recorded a market-wide rally as Nigeria’s economy expanded in the first quarter of 2026, according to the statistics office, with FX data showing the dollar retreated on Middle East hope.
Airline Operators React to Debt Claim by NCAA The Airline Operators of Nigeria (AON) has reacted to the claim that…
Equity investors in the Nigerian Exchange (NGX) gained N905 billion on Monday, as Airtel Africa and Oando Plc drove momentum, lifting the All-Share Index by 57 basis points.
Fidson Rights Issue Sees Strong Institutional Take-Up Fidson Healthcare Plc delivered a decisive signal of shareholder confidence after its recently…
Nigeria’s Capital Market Enters Fast Lane as NGX Adopts T+1 Settlement Cycle Nigeria’s capital market is set for a major…
Lagos Disburses N8bn to Retirees Lagos State Government has disbursed over eight billion Naira to its retirees under the Contributory…
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