Senate Returns With Clarity Act: CBDC Blocked, Stablecoins Win
The US Senate has returned from recess with the Digital Asset Clarity Act at the top of the legislative calendar, and the bill’s most consequential provision is not market structure-it…
Central Bank to Open N700bn Treasury Bills for Subscription
Central Bank to Open N700bn Treasury Bills for Subscription The Central Bank of Nigeria (CBN) is scheduled to open Nigerian Treasury bills worth N700 billion across standard tenors at the…
XRP Tumbles as Sellers Take Control in Crypto Market
XRP Tumbles as Sellers Take Control in Crypto Market Ripple (XRPUSD) is down 6.4% over 24 hours to $1.21 on Tuesday, closely tracking a broader crypto market sell-off that is…
BTCUSD- Bitcoin Crashes as Corporate Holders Exit Positions
Bitcoin Crashes as Corporate Holders Exit Positions Bitcoin (BTC) crashed by 6% to $67.1k amid a sustained exodus of institutional capital from spot exchange-traded funds (ETFs) and a symbolic sale…
Naira Rises to N1361/$, NFEM Interbank FX Turnover Slides
Naira Rises to N1361/$, NFEM Interbank FX Turnover Slides The naira rose against the US dollar on Tuesday as demand for international payments declined, with data showing a moderate slide…
Nigerian Exchange Shrinks, Equities Investors Lose N478bn
Nigerian Exchange Shrinks, Equities Investors Lose N478bn0 The Nigerian Exchange (NGX) All-Share Index (ASI) and market capitalisation shrank further on Tuesday, with the equities portfolio balance reducing by N478 billion…
Nigeria Can Leverage Pension, Sovereign Wealth Funds for Growth — AfDB
Nigeria Can Leverage Pension, Sovereign Wealth Funds for Growth — AfDB An Economic Expert, Prof. Kevin Urama, says Nigeria can unlock substantial resources for development by leveraging pension funds, sovereign…
TAJBank Claims Nigeria’s Biggest Islamic Bank by Assets, Profit
TAJBank Claims Nigeria’s Biggest Islamic Bank by Assets, Profit TAJBank Limited, Nigeria’s top non-interest bank (NIB), has retained its lead as the country’s biggest ethical bank, based on the 2025…
Central Bank Raises N7.30trn from OMO Bills in May
Central Bank Raises N7.30trn from OMO Bills in May The Central Bank of Nigeria (CBN) sold OMO bills worth N7.30 trillion in May 2026 as part of efforts to manage…
South African Rand Strengthens on Softer US Dollar, Bonds Rally
South African Rand Strengthens on Softer US Dollar, Bonds Rally The South African rand gained strength against Western currencies on Tuesday, boosted by foreign investor demand for the country’s debt…