News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
Bitcoin melts as the strong dollar weighs on
PFAs increase investment in corporate bonds as total funds hit N13.76 trillion
Okomu Oil Plc to pay 66% of its profit for the year as shareholders’ return
Zenith Bank increases its dividend payment by N3.14 billion year-on-year
Shopify to offer Bitcoin payment option from Partnership with Strike
Robinhood provides wallets to 2 million users and plans to integrate Lightning
Naira gains big against USD at P2P FX market
Russia to beat Western sanctions, as ruble becomes stronger than pre-invasion levels
SEC raises concerns over mountain of unclaimed dividends in Nigeria
Bears take the day as NGX market cap dips by N120 billion
Excess claim payout, underwriting expenses drive Linkage Assurance to print N4 billion loss in 2021