News from Nigeria’s capital, currency, commodities, cryptocurrencies and money markets.
Naira expected to be under pressure until backlogs for FX payments are cleared
Binance, Bitfinex, Coinbase, Huobi receive about 40% of all BTCs
Worry for PFAs as pandemic-induced unemployment lowers new pension accounts
UNICEF Crypto Fund announces $100,000 funding grants for startups
Crude oil closes high, Nigeria to comply with output cut
SEC announces additional requirements on offer documents to public
Unknown Bitcoin Whale transfers $2.2 billion worth of BTCs
Global stocks sell-off persists as resurgence of COVID-19 frighten investors
Gold price up as COVID-19 cases rise, U.S-China tensions heighten
DANGOTE CEMENT, OKOMUOIL and GUINNESS turn Nigerian Bourse Bearish
Nigeria’s potential crude oil reserves expected to fall by 6 billion barrels