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    MarketForces Africa » » Page 48

    Bitcoin Tops $77k as Bank of America Increases Crypto Holdings

    News May 25, 2026

    Bitcoin (BTC) price increased by more than 1% over the past 24 hours to $77,080.93, slightly outperforming a broadly flat market, primarily driven by a repricing of geopolitical risk.

    HYPE Gains 6% on Protocol’s Assistance Fund Token Buyback

    News May 25, 2026

    Hyperliquid (HYPEUSD) gained 6.34% to $62.47, significantly outperforming a flat broader market, primarily driven by its massive, protocol-enforced buyback program.

    OMO, T-Bills Auctions Outflows Shrink Banking System Liquidity

    News May 25, 2026

    Excess liquidity in the banking system, which peaked above N6 trillion, shrank due to outflows relating to the settlement of OMO and Nigerian Treasury bills sold at the primary market auctions.

    Kasi Cloud Datacenters Commission West Africa’s First Hyper-Scale-Ready, AI-Capable Data Centre Campus in Lagos

    News May 25, 2026

    Kasi Cloud Datacenters Commission West Africa’s First Hyper-Scale-Ready, AI-Capable Data Centre Campus in Lagos Kasi Cloud Datacenters today held the…

    Champion Breweries Declines Amidst 7K Dividend Payment

    News May 25, 2026

    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.

    AAG Capital Sets N141.62 Target Price for GTCO Ahead of Q2

    News May 25, 2026

    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.

    Airtel Africa Trades at 52-Week High, Begins $60m Share Buyback

    News May 24, 2026

    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.

    Nigeria’s 26.5% Policy Rate Makes $1trn GDP Target Political Talk

    News May 24, 2026

    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.

    Naira Slips Against US Dollar as Bonny Light Crude Drops 6%

    News May 24, 2026

    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.

    NGX Dips by N366bn as Investors Paint Broad Street in Red

    News May 24, 2026

    The Nigerian Exchange (NGX) market capitalisation dipped by N366 billion over the last five trading sessions, as investors painted the Broad Street in red.

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    Naira Hovers Around N1,380 as Interbank FX Turnover Surges

    June 25, 2026

    XRP Dives to $1.03 as Strobe Finance Shutdown Erodes Confidence

    June 25, 2026

    Ethereum Price Slips 4% as Investors Liquidate Positions

    June 25, 2026

    Bitcoin Price Slides to $59k as US Inflation Stokes Selloffs

    June 25, 2026

    Only 20% of POS Operators Registered- CAC Chairman

    June 25, 2026

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