Section

MARKETS

News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.

Currencies 1 min
FOREX inflow into Nigeria surges by 64% to $30 billion in Q3 2021
By Samuel Oyekanmi
Cryptos 1 min
The Ethereum blockchain now averagely burns $23,000 per minute
By Ajibola Akamo
Cryptos 1 min
OpenSea’s valuation increases by 786% to $13.3 billion in 6 months
By Ajibola Akamo
Currencies 1 min
Exchange rate starts the year with gains at official window despite drop in liquidity
By Samuel Oyekanmi

More Stories

Securities

SEC begins taxing fixed income market

Cryptos

$610 million was lost in DeFi exploits in 2021

Currencies

China launches app for its own digital currency, e-CNY

Stock Market

Nigerian stock market starts 2022 on a positive note as market cap gains over N800 billion

Commodities

2022 global oil demand to hit 100.6 million BPD – OPEC

Cryptos

Grayscale rebalances DeFi Fund to add Flexa’s AMP Token

Funds Management

Nigerian Pension Fund Index post double digit gains for 2021, beat inflation

Cryptos

Stablecoin sector grew to approximately $140 billion in 2021

Cryptos

51 countries have implemented bans on cryptocurrencies 

Cryptos

$8.8 billion worth of NFT volume was traded in 2021