Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
PZ Cussons approves final dividend of N397 million for the year ended May 2020
PZ Cussons declares a dividend of N397 million for payment to shareholders, at the rate of 10k per share to...
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Investors betting against Bitcoin rally, lose $361 million in Binance, OKex and BitMEX
Investors and crypto traders betting Bitcoin will drop, lost over $361 million in Binance, OKex, and BitMEX. The largest single...
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MTN Group set to sell-off its 20% shareholding in BICS for $121million
South Africa’s MTN Group has said it will sell its 20% shareholding in Belgacom International Carrier Services SA (BICS).
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Naira falls at NAFEX window as oil prices rally above $60 and bitcoins blast past $44k
The exchange rate between the Naira and the US Dollar weakened at the NAFEX (I&E Window) to close at N398.5/$1 on...
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Oil prices hit 11-month high, trading at $61 a barrel
Both major oil benchmarks are at their highest since January 2020.
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Unknown entity moves 179 million XRP worth $80 million
178,893,734 XRP ($80,274,398 ) transferred from Unknown wallet to Unknown wallet
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Bitcoin flying to Mars, breaks all-time high
Bitcoin was trading at $46,596.4 up 20.10% on the day, its biggest daily percentage gain since December 7, 2017
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Champion Breweries shares slump by 33%, reducing YTD gains to 190%
Shares of Champion Breweries nosedive, as wary investors exit their positions in the local brewer.
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PZ Cussons shares lose N3 billion in three sessions on NSE
PZ Cussons Nigeria Plc has lost approximately N3 billion in three trading sessions.
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GTBank, PZ, UNILEVER drop, Nigerian stock investors lose N74 billion
The market breadth closed positive as UPDCREIT led 23 Gainers as against 16 Losers topped by CHAMPION.
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