News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
Gains from Airtel pushes NGX ASI above 54,000 basis points
Nigeria’s foreign reserve plunges further as exchange rate weakens across FX markets
Crypto tsunami liquidates over 137K investors as market value drops to $1.2 trillion
NGX gains N302 billion as IMG, Champion lead gainers to sustain bullish rally
FBNH reports 99.86% growth in PAT for FY 2021
Russia reduces interest rate to 11% boosted by the success of the ruble
Terra 2.0 gets community approval
JPMorgan says cryptocurrencies are now a ‘preferred alternative asset’
Naira falls to N609/$1 at black market as forex liquidity remains low
CBN’s May 2022 treasury bills auction records 47% oversubscription after bank raises interest rates
Tsunami: Bank stocks fall amidst interest rate hike