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 mgt firm hints Nigeria on economic recovery tips The Boston Consulting Group (BCG), a global management consultancy firm, has proposed the promotion of...
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...
Oil rally may brighten Nigeria’s outlook, says OPEC The rise in global oil prices could brighten Nigeria’s outlook this year, the Organisation of the Petroleum...
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...
PayPal unlikely to invest in crypto assets The Chief Financial Officer (CFO) of Paypal Holdings Inc, John Rainey has revealed that Paypal is not likely...
Nigeria to rebase GDP in 2021, says NBS boss The Statistician-General of the Federation and Chief Executive Officer of the Nigerian National Bureau of...
Trimmed demand outlook causes oil first loss in 10 days Crude oil returned to the red territory on Thursday, halting a nine-day gaining streak after...
Large cap stocks buoy NSE rebound amidst negative breadth The benchmark All-Share Index of the Nigerian Stock Exchange (NSE) resisted further decline on Thursday, thereby...
FG to auction N150bn February bonds The Debt Management Office (DMO) has said the Federal Government will auction N150 billion worth of bonds by subscription...