News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
NNPC subsidiary, NETCO, records N4.3 billion profit for 2021, to pay 50 kobo dividend
ABCON gives reasons for widening exchange rate disparity, increasing parallel market activities
Despite interest rate cuts, Russian ruble holds steady against the dollar
Union Bank of Nigeria Plc reports profit of N16.92 billion in 2021
Vitol Group, world’s largest oil trader to stop dealing with Russian crude
Exchange rate gains at official market as foreign reserve continues with uptrend
Investors rally NGX shares as market cap appreciates by N181 billion
PLCU stands out from other cryptos showing +352% in 3 months – founder, Alex Reinhardt explains
Naira falls at I&E window despite improved dollar supply in the market
Bitcoin sinks below $40K amid fears of global recession
Bulls maintain position as NGX market cap appreciates by N127 billion in a day