Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
There are now 18,000 Bitcoin millionaires
There are 18,000 BTC millionaires, or addresses containing greater than $1 million value of BTC.
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DANGOTE CEMENT, ZENITH, LAFARGE AFRICA rally higher, with ASI up 1.09% WoW
The Nigerian bourse ended the week cumulatively on the high.
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SEPLAT, BUACEMENT record gains, All Share Index up by 0.18%
GUARANTY, FBNH, and UBA were the most active to boost market turnover.
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Against COVID-19 headwinds, Okomu Oil records N4 billion profit in H1 2020
The stocks has recorded impressive returns to its investors especially in 2020.
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U.S dollar struggles above two-year low, with all eyes now on U.S Federal Reserve
The U.S Fed is expected to strike a dovish stance at its policy scheduled today.
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Bitcoin robbers move 3503 BTC worth $38.5 million
The biggest movement of stolen BTC tracked was of 476.32 BTC.
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Exchange rate depreciates at the NAFEX window as dollar scarcity persists
The official exchange rate at NAFEX is closer to breaching the N30 ceiling.
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Investors are rushing into cryptos, as market capitalization surges to $323 billion
This incredible feat shows global investors and traders are rushing into digital coins.
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Nigeria’s crude oil earnings under threat as India oil imports hit 10 year low
Nigeria relies on India for over 15% of export earnings
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COVID-19: Abuja Sheraton suffers 88% drop in revenues
Covid-19 lockdowns have negatively impacted Nigeria's hospitality sector.
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