News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
Udo Udoma acquires first significant stake in Seplat Energy Plc
Naira rises by 5.48% at I&E window as market turnover soars
Naira closes at N1,667.42 in I&E window on September 25
FG proposes NIMASA, NPA to collect fees and charges in Naira rather than Dollars
CBN to sell another $20,000 to each BDC at N1,590/$1, limits profit margin to 1%
Seplat and Flourmill lead advancers as All-Share Index gains 0.42%
Fidelity Bank PLC trades as high as N17.95, gains over 38% month-to-date
Underground Crypto Trading in China Hits $75 Billion Following Crypto Ban
Binance helps Indian authorities recover $47.6 million from trending gaming scam
South African rand appreciates 11% against dollar amid economic sector improvements
Naira depreciates 6.13% at I&E window as CBN announces interest rate increase