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Equities

Champion Breweries shares up 246.46% — How other beer companies are performing in 2025

Nigeria, Ghana, and SA face volatility as half of African currencies show signs of depreciation – Report

Naira set to break below N1,500/$ resistance

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News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.

Bitcoin users rise in Nigeria despite Senate, CBN campaign against it, Nigerians losing millions to crypto fraud, Investing in cryptocurrencies in this economic shutdown, Bitcoin could hit above $100,000 by August 2021, Hedge funds, Institutional investors rush to have a stake in Bitcoin, An unknown Bitcoin whale moved $1.3 billion in few mins. Binance, Bitfinex Coinbase, Huobi, receive about 40% of all BTCs , How to buy and sell bitcoins in Nigeria, Investors Are Selling Gold Etf for Cryptocurrency, Investors Are Selling Gold Etf for Cryptocurrency

Satoshi Nakamoto’s unspent BTCs worth $10.9 billion

It’s been a known fact in the crypto-world that Patoshi was operated by Satoshi Nakamoto.

NGX closes positive with market capitalisation up by N533 billion

Stock Market

ACCESS, ECOBANK, ZENITH BANK record loses, as Nigerian bourse finishes flat

NEIMETH and CUTIX were the top losers of the day with -10.00% and -9.84% declines.

Nneka Onyeali-Ikpe,Fidelity Bank M.D purchases 5 million additional shares worth N12.97 million

Appointments

Fidelity Bank appoints Nneka Onyeali-Ikpe as new CEO, as Okonkwo retires soon

by Emmanuel Abara Benson

The current CEO is scheduled to retire by December 31st, 2020.

Dollar, Exchange rate, FOREX, NAFEX market turnover drop by 59%, Naira crashes to N470/$1 as currency uncertainty worsens

Forex turnover at NAFEX hit $1.6 billion since June 2020

by Chike Olisah

Forex turnover at the FMDQOTC has averaged $47 million dollars over the last 32 days.

global oil market, Bonny Light and Brent crude oil, Arthur Eze, Nigeria cuts crude oil production to 1.77mbpd, Nigeria wants international oil companies to pay up now , OPEC+ deal gets a boost as Russia and Saudi Arabia consider further output cut, 4 key reasons why Brent crude might slip back to $35 per barrel, How substantial is compliance for the Oil market?

Commodities

Crude oil bulls lose steam as COVID-19 cases hit record high

OPEC+ meeting and a big draw in US crude and product inventories helped oil recover

Commodities

Gold maintains key support level as investors adopt a wait-and-see attitude

Gold futures dropped slightly lower to trade at $1,808.65, losing about 0.07%.

Tether whales move USDT 110,000,000 in 1 hour

Tether is ranked the 3rd largest cryptocurrency by market cap of $9.169 billion.

Top 5 Cryptocurrencies to Watch in May 2023

Crypto exchanges with most valuable crypto-assets in the world

Crypto exchanges also help in determining the rate of these cryptocurrencies.

Exchange rate depreciates at NAFEX window as forex liquidity drops further by 57%, Central Bank Continues intervention in Forex market to stabilize Naira, Naira to depreciate slightly over $1.52 billion maturing contracts expires, Naira hits N388.84 to $1 at the currency spot market, Investors and Exporters (I&E) window, Naira weakens against the dollar by 1.14% amidst uncertainty, Naira gains against the dollar at I&E window, forex liquidity up by 242%

Naira depreciates for third consecutive day at I&E window

by Chike Olisah

July 19, 2020

Forex turnover dropped by 63.7% while the exchange rate depreciated for a third consecutive trading day.

Twitter cyber hackers gained $100,000 worth of cryptos