Markets
News from Nigeria's capital, currency, commodities, cryptocurrencies and money markets.
YFI: Yearn Finance becomes the most expensive cryptocurrency, surges past $27,000
YFI has been on the bullish trend for some weeks and has now exceeded $ 27,000.
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Guinness Nigeria finding it hard to refinance its loans due to dollar scarcity
Just recently the brewery giant reported an annual pretax loss of 17.07 billion naira
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NSE’s market capitalization rises to N13.2 trillion, as investors gain N46 billion
29 equities appreciated in price during the week, lower than 31 equities in the previous week.
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CBN sequesters N321.6 billion from banks in new CRR Debits
Information gathered by Nairametrics reveals about 17 banks had their vaults debited by the apex bank in CRR sequesters.
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Global stocks close mixed on growing geopolitical concerns
Global Stocks ended the week mixed on the present prevailing macros.
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Why Bitcoin could reach $500,000
Bitcoin has already made significant ground on gold —going from whitepaper to over $200 billion.
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Two Bitcoin whales transfer 4,503 BTC, as Bitcoin stays above $11,400
Two Bitcoin whales moved 4,503 BTCs valued around $51.99 million.
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U.S dollar drops lower, as U.S Federal Reserve plans on boosting inflation
The U.S. Dollar Index tracks the American dollar against other major currencies.
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Top Football clubs are now using blockchain
Such partnerships with these football clubs via blockchain will open more economic opportunities.
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Oil prices pull back from recent highs, as Hurricane Laura spares U.S oil infrastructure
Gulf Coast energy infrastructures were mostly spared the brunt of the damage
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