Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
CBN Governor confirms exchange rate unification plans
He revealed the unification will also be around the NAFEX rate.
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Nigeria close to securing $3 billion World Bank facility
The Minister of Finance said it's for States and the Federal Government.
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Naira gains against the dollar at I&E window, forex liquidity up by 66%
Forex turnover rose to $63.44 million on Monday representing a 66.42% increase day on day.
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Oil falls over comments on U.S.-China trade deal being “over”
The statement crushed the hopes of many investors who had been expectant as a result of previous gains.
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U.S dollar gains ground, U.S. President Trump boosts investors’ Optimism
U.S. President Trump boosted investors’ optimism after he tweeted that the deal was “still intact.”
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Fastest growing cryptocurrency, Compound (COMP) up over 143% in 24 hours
Compound is an Ethereum token that is designed to comply with the Compound protocol.
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$945 million worth of BTCs options expiring this week
Bitcoin price pulled back since last month at $10410 remaining below the $9500 mark.
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NSE upgrades data portal to improve access to the market
The portal is a consolidated platform for market participants to access affordable quality and timely data.
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Nigerian Breweries, Stanbic Bank lead the Bears, Investors lose N24.7 billion
Market turnover finished lower compared to the previous trading session.
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Gold futures reach two-months high over rising COVID-19 cases
Gold futures kept the momentum up as more investors turned to the safe-haven asset.
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