Morocco’s central bank, Bank Al-Maghrib (BAM), is considering launching a central bank digital currency (CBDC), according to CoinDesk. A Central Bank Digital Currency (CBDC) is the digital form of a...
Proposes 70k dividend United Capital Plc (United Capital), Nigeria’s leading investment bank and a foremost Pan-African financial and investment services group, has reported impressive numbers...
FMDQ Exchange admits Parthian Partners’ N20bn commercial paper FMDQ Securities Exchange has registered the Parthian Partners Limited N20 billion Commercial Paper (CP) Programme to...
Court nullifies SEC’s suspension of Oando’s AGM A high court at the Federal Capital Territory yesterday nullified Security and Exchange Commission’s (SEC) indefinite suspension...
Dead cat bounce as equities gain N6bn to halt downtrend There was a brief respite in the stock market on Tuesday as trading in the local...
Bitcoin faces price turbulence as market liquidity falls With liquidity falling in the bitcoin market, smaller trades can have a relatively large price impact,...
Trade volume slides by 42.6%; value contracts 22.9% Investors lose N130bn Experts expects dividend news to temper sell-offs For the third week in a row,...
IMF backs CBN’s restriction on use of cryptocurrencies In what appeared as a way of baking Nigerian apex bank’s ban of cryptocurrency transactions in the...
NSE daily turnover plunges 54% as market CAP sheds N15bn It was a grossly bearish session for equities investors trading on the floor of...
IFC partners Moroccan Capital Market Authority on sustainable finance The International Finance Corporation (IFC) has signed an agreement with the Moroccan Capital Market Authority (AMMC)...
Bitcoin defies U.S. rising bond yields to hit historic $51,000 Despite an uptick in U.S. government bond yields, Bitcoin’s dizzying bull run is showing no...
FOREX: CBN defends naira with $21.18bn in 11 months In bid to meet demands and further strengthen naira, the local currency, the Central Bank...
FMDQ process N215trn deals in 2020 The estimated total turnover Fixed Income and Currencies (FIC) markets for the full year 2020 stood at N215.08 trillion,...
Global stock on longest winning streak since 2003 Global stocks are in the midst of the longest run of gains in 17 years as...
Bitcoin price hits $50,000 for first time in history The price of Bitcoin has hit $50,000 for the first time in history. The cryptocurrency has...
Equities reverse gain as investors lose N40bn Equities trading on the floor of the Nigerian Stock Exchange (NSE) on Tuesday closed on the negative...
Fidelity Bank issues N41.21bn bond Fidelity Bank Plc says it has successfully issued 10-year N41.21 billion in fixed rate unsecured subordinated bond at a...
SUNU Assurances N3.01bn private placement fully subscribed Sunu Assurances Nigeria Plc said its private placement exercise was 100 per cent. Samuel Ogbodu, the managing...
iROKOtv plans $100m IPO on London Stock Exchange Nigerian-based online streaming media company, iROKO Partners, has commenced preliminary to file for an initial public offering...
Canadian capital market regulator approves first bitcoin ETF The Ontario Securities Commission has approved a Bitcoin exchange-traded fund, the first such fund to be listed...