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South African Rand Dips Against U.S. Dollar, Euro, Pound The South African rand (ZAR) depreciated on Monday, trading at R16.42 against the dollar, R19.25 against the euro, and R22.09 against…

Kenya Raised KES 24.35bn from Treasury Bills Auction Kenya raised KES 24.35 billion from Treasury bill allotment at its weekly primary market auction last week. The rates on the short-term…

XRP Slides to $1.33, Tracking Below Target Price Ripple (XRP) dipped 2.02% to $1.33 over the past 24h, underperforming Bitcoin’s 3.01% decline, amid a broader market sell-off driven by geopolitical…

Moody’s Upgrades Ghana’s Ratings Outlook to Positive Moody’s Ratings has changed the Government of Ghana’s outlook to positive from stable and affirmed the long-term issuer ratings in local and foreign…

Bitcoin Pulls Back as U.S-Iran Failed Talks Trigger Selloffs Bitcoin pulled back by 3.4% to $71,158 over the past 24h, underperforming the broader market, which fell 2.78%, amid a sharp…

Benchmark Yield on Nigerian Bonds Rises 10bps The benchmark yield on Nigerian government bonds increased by 10 basis points week on week in the secondary market, reflecting investors’ risk-off sentiment…

ETHUSD Drops 5% as US-Iran Failed Talks Stoke Selloffs Ethereum (ETHUSD) is down about 5% over the past 24 hours, trading at $2,201.49, as failed Middle East ceasefire talks stoked…

Oil Prices Ease 11% in 5-Day on Ceasefire Optimism Oil prices fell by around 11% over the week as expectations of a ceasefire in the Middle East eased immediate supply…

Fitch Affirms Nigeria at ‘B’; Outlook Stable Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘B’ with a stable outlook. According to Fitch, the rating…

Nigerian Bourse Gains N1.36trn as Tier-1 Banks’ Shares Rally The equities segment of the Nigerian Exchange (NGX) closed in the green as buying interest in Tier-1 banks supported a N1.36…