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Data-centre developer IREN surges 20% after results beat estimates and it discloses two new contracts signed since quarter-end, defying AI-spend slowdown fears.

Export prices rose 1.4% and import prices fell 1.1% in the September quarter, with energy contracts producing uneven effects.

Dollar trading in Nigeria's official foreign exchange market fell 22.23 per cent to $2.62 billion in the week ended October 16, with forward contracts plunging 81.14 per cent as spot activity also slowed.

The secured overnight reference rate is intended to improve pricing transparency and give financial contracts a more reliable base rate.