Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
What next for Oil amid rising COVID-19 cases?
The market is feeling pressure amid rising COVID-19 cases in the United States and Europe, and also due to Libyan...
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Why U.S biggest Bank, JP Morgan Chase is bullish on Bitcoin
America's JPMorgan Chase has given valuable insights on why it believes the odds are with Bitcoin.
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GTBank, Cadbury, keep Nigerian Stocks fired up, Investors gain N105.76 Billion
Market breadth closed positive as LINKASSURE led 46 Gainers as against 2 Losers topped by WEMABANK
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Flour Mills reports N9.9 billion profit in HY 2020/21
The increase in profit before tax was largely driven by the agro-allied segment.
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U.S dollar drops over resurging COVID-19
The U.S dollar dropped amid worries about the second wave of COVID-19 caseloads in the emerged markets.
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$100,000 bounty offered to catch crypto hacker
Harvest Finance, a major decentralized finance protocol, has recently tagged a $100,000 bounty as a result of a $24 million...
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Exchange rate remains flat, currency traders resume operations after curfew is relaxed
At the black market where forex is traded unofficially, the Naira remained stable against the dollar to close at N463/$1 on Monday.
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Bitcoin Whale transfers $1.1 billion worth of crypto for $3.58
A Whale is said to have moved 88,857 BTC, worth roughly $1.15 billion for a fee of only 0.00027847 BTC.
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Dangote Cement, Ecobank up, investors gain N42.3 billion
The market breadth index was positive with 27 gainers against 15 losers.
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Oil supply feared to drop by 3%, as new cases of COVID-19 infections increase
Growing concern that oil supply could fall by 3% continues as a result of increasing cases of COVID-19 in the...
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