News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
Why are oil prices going down?
Naira depreciates at black market as BDCs expect another forex allocation from CBN
Zenith Bank, Unilever, Okomu Oil record losses as investors lose N39.2 billion
Six largest tech stocks by market value lose more than $1 trillion in 3 days
Crude oil prices drop below $40/barrel, as COVID-19 caseloads approach 27.5 million
Buying signs: Ethereum whales increase their Ether holdings by 84%
Fidelity Bank to raise N50 billion in bonds in Q4 to refinance existing debts
Tether mints 250,000,000 USDT
Exchange rate is weakened at NAFEX window as drop in dollar supply continues
Sells-Offs in GTBank, Zenith Bank stocks intensify, investors lose N42.8 billion
NASDAQ down 2%, Tesla loses over 12%