News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
FUGAZ investors gain N958 million combined during the week
XRP too hot to handle, gains 30% within a day
BUA Cement investors lose N112 billion in one day as sell pressure heightens
XRP leads market rally on hopes of a positive court ruling
Where to earn by learning about the crypto market
Nigerian Exchange closes negative as market cap dips by N125 billion
MicroStrategy buys additional $6 million worth of Bitcoin despite change in leadership
JP Morgan Chase CEO, Jamie Dimon calls crypto assets “Ponzi schemes”
Aggressive US Fed pushes crypto market into troubled waters as 90.5K investors get liquidated
Forex crises, inflation and rate hikes create challenges for Nigerian banks – Fitch
Crypto market capitalization falls below $900 million after United States’ interest rate hike