Nigeria Stock Market News From Trusted Sources

• Gulf of Guinea Piracy: Effective Military capacity needs to be deployed – MaerskMaersk has called for military intervention in the Gulf of Guinea following several attacks by pirates.
• FG receives N144 billion in dividends from NLNG in 2020NLNG, paid the Federal Government a dividend of N188 billion in the fiscal year ended December 2020.
• Top 5 billionaires lost $8 billion in a dayThe top 5 billionaires, as a group did not do well at the last trading session of the week amid an era showing the U.S dollar rebounded.
• Gold prices suffer worst two weeks in a row since NovemberGold futures prices at their most recent trading session settled at $1,829.90 an ounce, down by 1.2%.
• $128 million worth of Bitcoin exchange hands, Bitcoin drops to $36,100Bitcoin traded at $36,262.41 with a daily trading volume of $56.4 billion, down 0.49% for the day.
• Very few nations permitted to issue their Crypto – IMFThe IMF says close to 80% of the world’s central banks are not allowed to issue a digital currency under their existing laws.
• COVID-19 Update in NigeriaOn the 16th of January 2021, 1,598 new confirmed cases and 7 deaths were recorded in Nigeria
• FG to organize another tripartite meeting for Lagos-Ibadan expressway gridlockThe FG has announced plans to organize tripartite stakeholders' meeting to resolve issues on the Lagos-Ibadan expressway.
• NIN: International passport renewal and 6 other key uses of the numberNairametrics takes a cursory look at the importance of the NIN to Nigerians in our current system.
• Pensioners’ walk-in-verification exercise postponed indefinitely by PTADPTAD indefinitely postponed the proposed resumption of the walk-in verification for pensioners.