OmiseGO, a small digital coin up, 150% in less than 30 days, as Bitcoin fails to break $10,000

OmiseGO traded at $0.5 on April 1st and is presently trading at %1.26, with a market capitalization of about $276 ...

6 countries with exchange rates higher than US dollar

Dollar gains strength, triggered by doubts over COVID-19 vaccine

May 21, 2020

U.S dollar gains strength, Investors turned to the dollar as their haven asset after the report cut their hopes for a potential cure for the ...

Anchoria Fixed Income Monitor: T-bills Stop Rates increase first time in 3 months

by Op-Ed Contributor

May 18, 2020

The T-bills secondary market closed on a bullish note last week as the average yield fell by 38bps to close ...

How Cryptocurrency-Based Companies Like Patricia are Shaping the Digital Currency Market in Nigeria,Bears extend reign to crypto market, drops by about 50%, Answering the big Bitcoin question - buy, sell or hold?, Why cryptocurrencies are falling lately, Nigerians passion for bitcoin, Bulls push Bitcoin pass $7200 level, Bitcoin breaks past $7500 for the first time since early March, Nigerians Beware Of Bitcoin Fraudsters

Bitcoin hits $10,000, as cheap money floods financial market

by Olumide Adesina

May 9, 2020

Bitcoin, the world’s largest digital coin, briefly surged above the $10,000 mark, as demand for it gained momentum.

COVID-19 could save naira from depreciating further, Many odds against the naira, Naira forwards and parallel market crash puts pressure on official exchange rate, Naira appreciates to N386.94 to $1 at investor and exporters window. , Naira set for recovery as ABCON issues guideline to members for forex sales resumption, Naira falls against the Euro, British pound sterling but gains against the U.S dollar, Naira falls at black market, dollar liquidity remains relatively low , Forex, Naira drops further at the black market despite appreciating at I&E window

Naira drops to N387.25 at Investor and Exporters window

by Chike Olisah

May 9, 2020

The exchange at the start of the week was N385.33.

Exchange rate depreciates at NAFEX window as forex liquidity drops further by 57%, Central Bank Continues intervention in Forex market to stabilize Naira, Naira to depreciate slightly over $1.52 billion maturing contracts expires, Naira hits N388.84 to $1 at the currency spot market, Investors and Exporters (I&E) window, Naira weakens against the dollar by 1.14% amidst uncertainty, Naira gains against the dollar at I&E window, forex liquidity up by 242%

Naira to depreciate slightly over $1.52 billion forward contracts

by Olumide Adesina

April 30, 2020

Currency traders are expecting the naira to fall slightly today, due to the maturing $1.52 billion April 29 contract.

Naira crashes further at the parallel market due to dollar scarcity, lowest since 2017

by Chike Olisah

April 22, 2020

The downward slide of the naira in the parallel market appears to be continuing unabated as the slump in crude oil prices

Investor moves $133 million worth of Bitcoins, suspected from Coinbase, World's biggest sovereign wealth fund now owns cryptos, Investors cashing in big time, as 95% BTC wallets are currently in profit, blockchain technology, Bitcoin giving better returns than the Nigerian stock market, What it will take Bitcoin to hit $100,000?, Buying signal; Bitcoin whales with 1000 BTC or more continue to rise

Bitcoin is giving better returns than the Nigerian stock market

by Olumide Adesina

April 22, 2020

Bitcoin has attracted hedge and quant traders who make money on short-term price swings.

Naira’s true worth,Naira gains on the dollar for the first time since March, Naira forwards hit record high as it crashes to N420/dollar in the parallel market, Naira hits N500 to $1 at the forward market, Naira hits N509 to the dollar at forwards market, demand for the U.S dollar climbs up, Naira hits $387.35 to $1 at currency spot market , Naira sells at N456, Nigeria’s Foreign Reserves drop by over $3 billion in Q1 2020, Investors and Exporters (I&E) window, Naira gains against the dollar, CBN close in on currency speculators

Naira forwards hit record high as local currency crashes to N420/dollar in the parallel market

by Chike Olisah

April 21, 2020

As events in the oil market fallout, the US dollar hit a record high against the Naira in the non-deliverable ...

The U.S dollar remains king

by Olumide Adesina

April 20, 2020

A rising American dollar was causing damage in global financial markets, President Donald Trump has decided that a powerful U.S. ...

Tag: Money markets