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Bitcoin,the world's largest in cryptocurrencies or digital coins,briefly surged above the $10,000 mark,as demand for it gain momentum.It climbed as high as 2.7% to a high of $10,070 yesterday,touching the $10,000 mark for the first time since february 24,2020.However,as at 7:35am today,bitcoin...
From the business post's analysis,there were a total of 23 trading sessions from when the lockdown became effective in Nigeria till it was lifted by President Buhari.It was observed that of the 23 trading days,the market recorded 15 gains and 8 losses,putting this into percentage,bulls dominated...
Governor Nyesom Wike of River State has given a directive to the covid-19 Local Government task force,Wike stated that they should identify hotels which are still operating despite the lockdown order declared in the state.He said"from tommorrow,move into hotels that is operating,identify it and...
Airtel Nigeria says its collaborating with the Federal Government to offer free online education for students in Nigeria during this covid-19 lockdown period.Its Director of corporate communication and CSR,Mr.Emeka Oparah,said the company has decide to waive data charges for all who visits...
What is Forex Broker? Forex Broker is a company that provides investors and trader with access to the foreign exchange market,as well as CFD for oil,metals,indices and very popular cryptocurrencies such as Bitcoin,can be included.Finding the right broker for you,among the huge number of...
The foreign exchange market opened on friday with an indicative rate of N386.36k per dollar,which is a N1.01k loss to the value of Naira when compared with N385.35k opened on thuqday at the Importer and Exporters forex widow.The market closed on thursday with Naira depreciating by N1.88k as the...
The Nigerian Stock Exchange has comitted N100million to support the fight against covid-19 in Nigeria.The NSE disclosed this on thursday in a statement,noting that N60million out of the sum would be donated to the Capital Market support committee for covid-19 (CMSC),while the balance N40million...
The Nigerian Stock Market gained ground for the ninth day in a roll,with the benchmark All Share Index improving by 0.87% to settle at 24,354.25 points after oil price climbed above $31/barrel on thursday.Investors had hoped for recovery in demand for oil after some countries,including...
Uganda will recieve an emergency loan worth $491.5 million from the International Monetary Fund (IMF) to help cushion and ease the pressure on its economy from the impact of the coronavirus pandemic.
The International Monetary Fund on wednesday announced that its executive board has approved a sum of $739 million in emergency financing to help Kenya respond to economic shock caused by the novel coronavirus pandemic.The International Monetary Fund (IMF) said it was in close interactions with...
There has been a 47% increase in the number of confirmed cases of the #covid-19 in the African region in the past week with South Africa,Algeria,NigeriaGhana,Cameroon,Guinea,Cote d'I voire and Senegal accounting for 76% of covid-19 in Africa.
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