News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
Wired transfers hit N477/$1 at black market
Against COVID-19 headwinds, Okomu Oil records N4 billion profit in H1 2020
U.S dollar struggles above two-year low, with all eyes now on U.S Federal Reserve
Bitcoin robbers move 3503 BTC worth $38.5 million
Exchange rate depreciates at the NAFEX window as dollar scarcity persists
Investors are rushing into cryptos, as market capitalization surges to $323 billion
Nigeria’s crude oil earnings under threat as India oil imports hit 10 year low
COVID-19: Abuja Sheraton suffers 88% drop in revenues
Investors lose N69.6 billion triggered by TOTAL, SEPLAT, GTBANK and MTN
Julius Berger records foreign exchange loss of N3.102 billion in H1, 2020
Crude oil prices rally higher following US $1 trillion stimulus plan