Markets

Conoil must stay aware and strive in Q3 to maintain a positive net cash position.

Naira strengthens at forex market despite significant drop in dollar supply, Exchange rate gains at the black market as FX Turnover rises over 1000%.

Currencies

Exchange rate falls at the NAFEX window on a depressed forex market

by Chike Olisah

FX turnover is still a far cry from the over $200 million turnovers recorded in January.

Cryptos

Global companies are buying Bitcoins to hedge against inflation

MicroStrategy recently adopted Bitcoin as a treasury reserve asset to hedge against fiat inflation.

Brent crude drops to $25, oil demand drops by about 10% of world’s consumption, Brent Crude Oil hits $26, as Nigeria's Sweet Crude demand falls, Oil price pushes up before OPEC meeting, Asian equity markets mixed, NIGERIA OIL: Darker days ahead as Brent falls below production cost, Brent crude drops, as oil traders focus on OPEC+ meeting

Commodities

Brent Crude price trades at $45 per barrel, as fuel demand picks up

Brent crude held most of it gains from the previous trading session.

Ethereum,Ethereum Whales Cumulative Holdings Touch 10 Months High, ETH Passes $220, Ethereum wallets holding at least 0.1 ETH just crossed the 3 million mark for the first time

Cryptos

Warning signs: Ethereum daily active wallets hit a 67-day low

Ethereum is a decentralized system, fully independent, and not under anybody’s authority.

Stock Market

AIRTEL, SEPLAT, GUINNESS record impressive gains, investors gain N134.5 billion

Market breadth closed positive as SEPLAT led 18 Gainers as against 10 Losers topped by CHAMPION

Crypto, Investors flock to US dollar, Gold, Bitcoin, as Global Stocks record heavy sell-offs, Twitter Poll: Bitcoin price expected to reach $100,000 by 2021, cybercriminals, What it will take Bitcoin to hit $100,000?

Cryptos

Twitter Poll: Bitcoin price expected to reach $100,000 by 2021

BTC’S 4-year cycle will start to transition into the resonance of the traditional market.

Stock Market

U.S Stocks set to surge higher, on hopes of a stimulus package deal

The massive price increase in recent weeks has lured many speculators into profit-taking.

Company Results

Sterling Bank reveals N215 billion sequestered by CBN as CRR Debits

by Analysts Nairametrics

Sterling Bank Plc, one of Nigeria's tier 2 banks reported that the Central Bank of Nigeria's CBN restricted about N215.5...

Currencies

Exchange rate stabilizes as market adjust to new devaluation regime

by Chike Olisah