Nigeria Stock Market News From Trusted Sources

• Ripple’s CTO advises investors to reduce their crypto investmentsThe crypto leader recently made the warning on Twitter.
• Coinbase success: Rapper Nas among early investors, set to make over $100 millionNasir Jones is amongst the earliest investors in Coinbase via his Queensbridge Venture.
• FAAC payment: Obaseki replies Finance Minister, says FG should end monetary rascalityGovernor Obaseki has urged the FG to take urgent steps to end the current monetary rascality
• Mobile & USSD transactions surge by 82.6% as Covid-19 spurs mobile adoptionMobile transactions in Nigeria (mobile & USSD) surged by 82.6% in 2020 to stand at 1.69 billion, as covid-19 discourages physical banking.
• uduX Partners with PiggyVest to develop artists investment program, PopRevFans will be able to track their investment via the uduX platform and obtain real-time insights into the streaming performance of the music they have invested in.
• Nigeria’s inflation rate surges to 18.17% in March 2021Nigeria's inflation rate for the month of March 2020, rose to 18.17% from 17.33% recorded in February 2021.
• FirstBank hosts webinar to sensitise individuals and businesses on staying protected in the information ageThe virtual event is scheduled to hold by noon on Friday, 16 April 2021 with the theme,  “Staying Protected Amidst the Pandemic Chaos".
• The Nigerian treasury bills hits 9%This increase is supposed to have a substantial impact on the Nigerian Stock exchange market.
• BUA Group, French company announce progress in 200,000 bpd refinery projectThis is coming about 6 months after both firms signed an agreement for the supply of process technologies and the design of the facility.
• Covid-19: Nigeria records over 1 million vaccinationsThe NPHCDA has stated that it has vaccinated 1,043,737 persons, which is 51.9% of the targeted total proportion.