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Sunday, August 14, 2022

Foreign Exchange Shortage Persists As Dollar Rises By 21%

The dollar exchanged at N603 at Lagos and Abuja parallel markets on Tuesday, indicating a worsening liquidity crisis in the foreign exchange market of...

Nigerian Bitcoin Traders Count Losses As Crypto Value Declines By 52%

Nigerian Bitcoin traders are currently experiencing losses as the value of the crypto continues to drop. BizWatch Nigeria understands that since the turn of the...

FG Raise N2.28trn Bonds, $4bn Eurobonds To Bridge 2022 Budget Deficit

In its move to bridge the 2022 budget gap, the federal government has raised N2.28 trillion FGN bonds/Saving Bonds in the domestic market and...

Fixed Income Traded on NGX Increases By N687bn In May

As the stock market continued to gain momentum in 2022, investors traded N687.1billion worth of fixed income on the Nigerian Exchange Limited (NGX) in...

Crypto: Top 7 Telegram Groups To Join For Accurate Predictions

The crypto industry is no doubt experiencing an increase in the number of adoption on a global scale, as investors are seeking innovative ways...

Nigerians Trade N78bn Bitcoin In Q1, Despite CBN Restrictions

Nigerians traded N77.75bn ($185m) Bitcoin in the first three months of the year despite all efforts made by the Central Bank of Nigeria’s (CBN)...

Nigerian Investors Deal N687bn fixed-income assets on NGX

Investors traded N6877.1bn worth of fixed income assets on the Nigerian Exchange Limited in May when its market capitalisation increased to N22.44tn from N21.75tn...

Mara Appoints Susan Younis As Chief Marketing Officer

Mara, the Pan–African crypto exchange platform has today announced that Susan Younis has been named the new Chief Marketing Officer effective immediately.   In her...

SEC Tackles Fraud, Unclaimed Dividend In Nigeria’s Capital Market

The Securities and Exchange Commission (SEC) has disclosed its plan to tackle fraud and the quantum of unclaimed dividends by shareholders in the capital...

Absa Highlights Data As A Key Component To Improving NGX And Market Participation

Absa Nigeria, a leading pan-African bank with a strong footprint across the African continent, has advised stock market investors and stakeholders to prioritise market...

Investors Net N598b Capital Gains Amid Profit-Taking

Investors in Nigerian equities closed the weekend with net capital gains of N598 billion despite the onset of considerable profit-taking. Investors sought to monetise substantial...

How Blockchain Technology Can Power The Stock Market

The value of cryptocurrencies as well as their acceptance by governments and for business transactions is constantly in the news but conversations are gradually...

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