Money Market

THE largest crytocurrency, Bitcoin, has reached an all-time high trading up to $60,000 in 24 hours. Bitcoin bulls pushed all the way to $58,000 on Friday, as they struggled to pass…
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THE world’s flagship crypto, Bitcoin, is presently on a strong bullish run in regards to breaching another all-time high of $58,400 before pulling back around $ 57,800 as weekly gains…
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THE Central Bank of Nigeria (CBN) says it will give N5 per dollar receives from diaspora remittance receives via its licensed International Money Transfer Operators (IMTOs) starting…
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*The world cannot be moving forward and Nigeria static - SEC BARELY two weeks after it placed a ban on cryptocurrency trading, the Central Bank of Nigeria, CBN, has resorted to a…
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BILLIONAIRE CEO Elon Musk said on Saturday the price of bitcoin and ethereum seemed high, at a time when the cryptocurrencies have hit record highs, with bitcoin crossing the $1…
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THE naira exchanged at N473/$ at the parallel market on Monday, after trading at N477/$1 last week. At the Investors & Exporters forex window, the naira hit a high…
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THE exchange rate between the naira and the dollar depreciated closing at N404.67/$1 at the NAFEX (I&E Window) where forex is traded officially. Naira closed against the US…
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FOREIGN Portfolio Investments (FPI) will remain sideway until the Central Bank of Nigeria is able to ramp up intervention sales or devalue naira to market clearing level, says…
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FALTERING consumers demand explained the recent purchasing managers index (PMI) readings which stood below 50 index points, CSL Stockbroker, a wholly owned subsidiary of FCMB group has…
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NIGERIA’s local currency, Naira, was stable across foreign exchange market this week amidst monetary policy rate cut by the apex bank. The Central Bank of Nigeria sold $100 million…
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