Money Market

Nigeria joins OECD, World Bank to curtail Illicit Financial Flows

Culled—Proshare 16/2/2018/Finance Ministry  Nigeria and global organisations, including the Organisation for Economic Cooperation and Development (OECD) and the World Bank Group, have agreed on high-level collaborations with Nigeria and other African countries to stop Illicit Financial Flows (IFF) in Africa.  This was a major resolution reached at the ongoing Platform […]

FOREX: Naira Shed -0.06% to Close at N360.36/USD

16/2/2018/InvestmentOne Report Please click to download the Market Report for Friday 16th  February 2018 EQUITIES:                                                                                                                                                                        ·         The Nigerian equities market sustained its uptrends as ASI advanced by +0.08% in today’s trading session but down -1.13% WTD. ·         Today’s performance was largely driven by the gains in; NESTLE (+121pts), ZENITHBANK (+31pts), TRANSCOHOT (+7pts), […]

Bitcoin Millionaires Have a New Way to Cash Out Without Ever Selling a Single Bitcoin

A group of startups are giving loans in exchange for cryptocurrency collateral, plus interest, so people can access their crypto wealth without cashing out. 15/2/2018/Inc By Will Yakowicz, Staff writer, Inc Cryptocurrency die-hards face a dilemma: true believers never want to cash out, but what’s the benefit of amassing all this wealth […]