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Sunday, October 2, 2022

Nigerian Stock Investors Lose N767bn In One Week

Nigerian investors lost N767 billion at the close of last week's trading on the Nigerian Exchange Limited (NGX) floor. Last week, the market was open...

Debunking Some Misconceptions About Blockchain Technology

As we all know, Blockchain is an innovation that is here to stay and in our previous post, the term was explained in detail....

RT200 FX Gave Exporters N3.5bn In Discounts – Emefiele

In the first quarter of executing the RT200 FX programme, the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, claimed the bank saw a...

Nigeria’s Forex Funds To Drop, CBN Plans $1.7bn Arrears Payment

Nigeria's forex exchange (FX) reserve will fall in 2022 as the Central Bank of Nigeria 9CBN) plans to clear about $1.7bn in FX backlog...

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...

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