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PAPSS, Interstellar Unveil African Currency Marketplace Eliminating $5 Billion Trade Bottleneck

Image Credit: Afreximbank The PAPSS African Currency Marketplace jointly developed by PAPSS and Interstellar, enables the direct exchange of African currencies without passing through hard currencies July 7, 2025/Afreximbank Building on the successful rollout of its groundbreaking continental payment infrastructure, the Pan-African Payment and Settlement System (PAPSS), in strategic collaboration […]

NGXASI Gains +0.31%, Driven by Banking, Consumer Goods Sectors

July 7, 2025/InvestmentOne Report The NGXASI advanced by 0.31% today to close at 121,361.87pts, as the gains recorded in FIRSTHOLDCO (+9.80%), GTCO (+1.56%) and DANGSUGAR (+2.02%) drove the domestic equities market into the green.   In the fixed income space, the Treasury Bills secondary market traded on a positive note driven by […]

Nigerian Bourse Open Week Bullish +0.3%, Buoyed by Banking Counters

July 7, 2025/Cordros Report EQUITIES The local bourse commenced the week on a positive note, underpinned by gains in FIRSTHOLDCO (+9.8%) and GTCO (+1.6%). Consequently, the All-Share Index advanced by 0.3% to 121,295.33 points with the Month-to-Date and Year-to-Date returns settling higher at +1.1% and +17.9%, respectively. The total volume […]