News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
GTB, UBA lead stock market rebound as investors reassess MPR outcomes
The Naira Crisis – Crypto Naira
Uber CEO granted $136 million in shares after surpassing $120 billion valuation target
Official exchange rate closes at N1609.51/$1 against dollar after CBN’s policy rate hike
Binance disables the naira feature on its P2P market
FG detains two Binance Executives over alleged FX manipulations
Equity investors lose N700 billion, a day after MPC interest rate hike
CBN to sell N1.64 trillion in Treasury bills between March and May
Nestle Nigeria reports N104 billion loss in 2023, shareholders funds wiped out
Dollar crashes against Naira on Binance as Cardoso warning rattles crypto traders
NAFEX rate closes at N1615.94/$1 as CBN sells dollars at N1300/$1 to BDCs