News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
Cement makers, Dangote and BUA Cement, start year on bearish note
OpenSea’s valuation increases by 786% to $13.3 billion in 6 months
Exchange rate starts the year with gains at official window despite drop in liquidity
SEC begins taxing fixed income market
$610 million was lost in DeFi exploits in 2021
China launches app for its own digital currency, e-CNY
Nigerian stock market starts 2022 on a positive note as market cap gains over N800 billion
2022 global oil demand to hit 100.6 million BPD – OPEC
Grayscale rebalances DeFi Fund to add Flexa’s AMP Token
Nigerian Pension Fund Index post double digit gains for 2021, beat inflation
Stablecoin sector grew to approximately $140 billion in 2021