Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
Bitcoin Cash gains 65% since March, shows more stability
Bitcoin Cash is a crypto asset designed around 2017, from a fork of Bitcoin.
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Nestle, Cadbury, Flour Mills on a home run, investors gain N21.8 billion
The Nigerian stock market reversed its previous day's loss, as the All Share Index gained 0.17% to close at 24,972.89...
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Nigerian Treasury Bills falls to 3.75% per annum
The T-bill rates at today’s auction rates on the short, mid tenors and long-term declined lower.
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Naira falls at the official market as government reveals plans to unify the exchange rates
There has been growing pressure for the CBN to unify the exchange rate markets.
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Brent Crude slumps, COVID-19 fears dampens oil demand
Brent crude is the leading global benchmark for Atlantic basin crude oils.
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Naira rebounds, gains against the dollar at I&E forex window
Naira gained against the dollar when compared to N386.50 to a dollar it exchanged on Monday.
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U.S dollar regains safe-haven status, China and India fire shots at each other
The trade imbalance between the two countries heavily gives China an advantage.
Read moreDetailsCIS to delist indebted stockbrokers in July
Council has given a grace period of three additional months to pay up their outstanding balances.
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BTC whales number surges to three-year high
Investors or traders who own a large number of Bitcoins are typically called Bitcoin whales.
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Naira falls further at black market, as dollar liquidity tightens
The naira has been hitting record lows on the parallel and over-the-counter spot markets.
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