Month: February 2026

Nigerian Bourse Hits N110trn as NGX Market Movers Move The Nigerian Exchange (NGX) hit N110 trillion mark on Friday as market movers moved positively on Friday, led by Dangote Cement,…

Nigeria, Egypt Yields Up as African Issuers Face Sell Pressure Led by sell pressure in Nigeria, Egypt, and Angola issuers, the African Eurobonds market traded largely bearish due to investors’…

British Pound Struggles over Dovish BoE, Political Uncertainty British pound (GBPUSD) edged back toward $1.36 at the end of a volatile week that nonetheless put sterling on track for its…

Central Bank, NCAC, Others to Support ACFTA Fest The Central Bank of Nigeria (CBN), National Council for Arts and Culture (NCAC) and other stakeholders have pledged support for the 2026…

Oil Prices Dip as Markets Await Outcome of U.S. – Iran Talks On Friday, crude oil prices fell, while attention remains focused on the impending discussions between the U.S. and…

Global Crypto Market Cap Crashes to $2.2trn on Extreme Fear Investors are taking a step back as the crypto market cap crashed to $2.2 trillion on Friday, with a moderate…

Ethereum Loses 11% on Crypto Investors’ Flight to Safety Though trading signals indicate recovery is on pace, Ethereum (ETHUSD) has lost about 11% in the last 24 hours in the…

UAC of Nigeria Lists N54.03bn Bond on FMDQ Exchange FMDQ Securities Exchange Limited has approved the listing of UAC of Nigeria Plc.’s ₦54.03 billion Series 1 7-Year 17.35% Fixed Rate…

Transcorp Power Profit Rises by 14%, Board Hikes Dividend Transcorp Power grew profit after tax by 14% year-on-year to N 91,417 billion at the end of the financial year 2025,…

Overnight Rate Drops on Excess Liquidity in Banking System Overnight lending rate declined slightly as the banking system remained liquid despite debit for Nigerian Treasury bills auction settlement on Thursday.,…